Testimony: FirstEnergy Takeover of West Virginia Plant Would Cost Customers $470 Million FacebookTwitterLinkedInEmailPrint分享Gazette Mail (Charleston):A proposed deal for FirstEnergy subsidiaries to acquire a coal-fired power plant would likely cost customers $470 million over the next 15 years, according to testimony from an energy and environmental consultant filed with the state Public Service Commission Friday.David Schlissel, president of Schlissel Technical Consulting, submitted his prepared testimony on behalf of groups against the acquisition. He said Mon Power and Potomac Edison’s proposed Pleasants Power Station purchase from FirstEnergy should be rejected by the PSC because customers would be saddled with higher utility bills.According to Schlissel, revenues earned from selling electricity generated by the Pleasants County plant wouldn’t be enough to cover the costs of maintaining it. The $470 million figure Schlissel reached is based on an economic analysis of energy market prices, Pleasants’ generation for the past year and generating capacity price estimates, he said in the filing.“There is a high risk that the plant will not be profitable and will not produce a net benefit to ratepayers,” Schlissel said. “In fact, if there was not such a high risk, AE Supply and FirstEnergy would not be looking to offload the Pleasants plant to begin with.”The groups Schlissel provided testimony for, WV SUN and West Virginia Citizen Action Group, have argued the $195 million deal would raise customer utility bills to benefit company shareholders and is similar to Mon Power’s Harrison power plant purchase, which an IEEFA report said cost customers more than $160 million.If the purchase is approved by both the PSC and the Federal Energy Regulatory Commission, the plant would exit a competitive market and become a part of West Virginia’s regulated market, where it is guaranteed a profit.More: WV PSC testimony: Pleasants Plant deal could cost ratepayers $470 million
http://http://vimeo.com/1879726Mike Leckrone, director of the University of Wisconsin Marching Band, announces he has suspended the band until further notice. This is due to behavior violations relating to alcohol and inappropriate sexual behavior. The band will miss Saturday’s game against Ohio State, marking the first time in at least 40 years the band hasn’t played a home game.
Sammy thanked Daren is a St Lucian icon and has been a fantastic servant of both St Lucian and West Indian cricket. The Stars management would like to stress that Daren remains an important part of the St Lucia Stars squad and his performances with both bat and ball will be vital for the rest of the 2017 tournament and in the future. “I would like to thank Daren for all of his hard work over the years and this season. We look forward to a long and fruitful relationship going forward. He is a proud son of St Lucia and we have been delighted to be associated with him.” Former Australian captain After six successive defeats in the 2017 season the time is right to make a switch in leadership and incorporate some fresh thinking as the team completes this season and builds for 2018. Time for leadership change The Stars management would like to take this opportunity to thank Daren Sammy for his contribution as Captain this season and throughout the last four editions of Hero CPL. Jay Pandya, owner of the St Lucia Stars franchise said: “If it were not for Daren, St Lucian cricket would not have the standing it does in world cricket and his ability to lead both on and off the field remains unquestioned. However, after the results that we have seen over the first half of the 2017 Hero CPL a change is needed to freshen things up as we look to win the remaining four fixtures this season. The management of the St Lucia Stars have appointed Australian all-rounder Shane Watson as their captain for the remainder of the 2017 Hero Caribbean Premier League (CPL). Marlon Samuels will be his vice-captain. Shane Watson, 36, is a former Australian professional cricketer and captain. He played as a right-handed batsman and a right-handed fast-medium swing bowler. He debuted in 2002 in a One Day International and retired in 2016 as world No. 1 T20 all-rounder. He is the last player to retire from Australia’s golden era of early 2000s.Watson holds several records in T20s. He held the world No. 1 position for a record 150 weeks, including a record 120 consecutive weeks (13 October 2011 – 30 January 2014; and 31 January 2016 – 26 August 2016) in T20I all-rounder rankings. He is the only player to win Australian “Player of the Year” award in all formats and won 7 such awards in three formats (3 T20, 3 ODI, 1 Test), which is the most by any player.