Kentucky Aluminum Plant Notifies Big Rivers of Contract Termination
Posted on Aug 21, 2012 in Rates | Comments Off on Kentucky Aluminum Plant Notifies Big Rivers of Contract Termination
Century Aluminum Company (Century) has decided to terminate its power contract with Big Rivers Electric Corporation (Big Rivers) for Century’s 480-MW aluminum smelter in Hawesville, Kentucky. Closure of the smelter, which is one of the possible outcomes of ending the power contract, has great implications for all in the area. Not only would it affect the 700 employees of the plant, but also the remaining customers of Big Rivers would have to help shoulder the millions of dollars of fixed costs associated with the contract. The coop estimates that this would require a 20 percent increase on residential customers and 21 percent on industrial customers. Click here for more.
