Thursday, July 5, 2012

"MARK TWAIN SONG" harry belafonte

Strange title? Well this is a story about Hannibal, Missouri The city of Mark Twain's youth and where many of his stories took place. Tom Sawyer and Huck Finn both grew up around Hannibal.
Hannibal is an "American" city, populaltion of 18,000 pretty much the same as Painesville.

Now all of us remember reading in our youth how Tom Sawyer got neighborhood kids to pay him to paint his Aunt Pollys fence. Along with the story of how Tom Sawyer the con artist robbing the neighborhood kids to view his injured toe?

Well it now seems in 21st century Hannibal the people are looking at getting fleeced again this time by a electric power deal, This nightmare has only one positive side for us in Painesville. Hannibal purchase more power from Prairie State than Painesville did.  Hannibal  presently pays $300,000 per month Painesville "ONLY" $100,000  presently. These numbers will double in July to pay for Unit II. Even though that unit won't go online until 2013.
If the power from this is costing $56.00 to produce, how do we make money on selling it for $35.00? What, please don't tell me Tom will tell us we will make it up difference on the volume.

Pairie State Unit I is operational  now but could there now be a problem of the water supply to wash the "clean coal" from mine?

Please read the following article and see if you agree?

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Prairie State finally generating revenue for BPW.


DANNY HENLEY/COURIER-POST .

The Hannibal Board of Public Works Board expects to begin receiving from the sale of electricity generated at Prairie State later this summer.

The rate of financial loss being seen by the Hannibal Board of Public Works as a result of the Prairie State coal-fired power plant is decreasing, but BPW officials may not know by how much for another month or two.

Since February the BPW has been making $300,000 a month payments for its ownership share in the Unit 1 generator at the power plant, located approximately 60 miles southeast of St. Louis. The sale of Hannibal’s 20 megawatt (MW) share of the power from the 1,600 MW plant was expected to lessen the city’s financial burden. However, because of an assortment of delays Unit 1, which initially had been expected to be in service by August 2011, did not go live until June 6. In a memo last month, Bob Stevenson, the BPW’s general manager, told the BPW Board that the city’s cash outlay through the end of June would be “about $1.5 million.”

Stevenson, who in June reported that the commercial sale of power from the plant might not occur until Jan. 1, 2013, calls the marketing of electricity from generator 1 “a big deal.”

While power from Unit 1 is now being sold, the BPW isn’t expecting to see a check for a while.

“My guess is for energy produced in June we’ll probably get a check in August,” said Stevenson. “Somebody’s got to buy it (Prairie State power). They’ll pay for June energy in July. That payment will go to MPUA (Missouri Public Utility Alliance) and then as soon as MPUA can account for all of that they’ll turn around and pro-rate our share. I’m figuring they’re going to take a month to do it.”

Don’t look for the sale of energy from Prairie State to fully cover the BPW’s payments, at least initially.

“We know what the market is doing and market price for generic energy off the grid is less than what we’re paying for Prairie State this year,” said Stevenson. “The price for power on the grid right now is depressed because of the lousy economy. If and when the economy ever turns around we would expect that price to start going up.”

The BPW’s $300,000 payments will double in the next month or so when its cash obligations begin for the Unit 2 generator at Prairie State. As with Unit 1, the BPW will be expected to make payments even though Unit 2 is not generating a volt of power for commercial sale.

“Originally we thought Unit 2 was going to be delivered early for commercial operation and then they had an operating accident during testing. They wrecked a fan which is a major setback. It’s going to take them six or nine months to get it repaired,” said Stevenson.

While the Prairie State payments are stretching the cash reserves of the BPW’s Electric Department, Stevenson believes that in time having a stake in the facility will prove beneficial.

“Early on it doesn’t look too attractive because we have a pretty big mortgage payment, but 10 years from now it will start to look pretty sweet and for the life of the plant it’s going to look really good,” he said.
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Bob Stevenson AKA Tom Sawyer

18 Comments:

At July 5, 2012 at 7:05 AM , Anonymous Anonymous said...

AMP - OHIO payments will double at the exact same time as HANNIBALS will ..

How much Vaseline does Painesville have ... going to need a lot more.

Meanwhile, back in Columbus, solar panels going up everywhere ... PAINESVILLE will never have these...

http://www2.nbc4i.com/news/2012/jul/05/solar-power-amping-central-ohio-ar-1093742/

 
At July 5, 2012 at 8:05 AM , Anonymous Anonymous said...

What PUCO regulated AEP has done ...

Let's not build new plants ... let's cut the need for power ...

AEP is paying 50% for schools, businesses, cities to switch to LED lighting ..

http://www2.nbc4i.com/news/2012/jul/05/newer-bulbs-brighten-lights-ohio-state-fair-ar-1093781/

AEP has now been able to shut down 6 coal fired plants and next year if the current pace continues 4 more.

 
At July 7, 2012 at 7:18 AM , Anonymous Anonymous said...

Painesville, Galion all the other AMP sucker communities will be paying 70% more for electric power than what you could get through an electric aggregation agreement through PUCO regulated energy providers...

http://prairiestatecoalplant.org/prairie-state-should-be-sent-to-the-showers/

How much money exchanged hands to city officials to make this decision ?

You can expect most of your industry to pack up and leave soon to cheaper locations, any remaining entities such as restaurants and such will raise their prices to pay for this nightmare now.

 
At July 7, 2012 at 7:26 AM , Anonymous Anonymous said...

Council as well as the administrators will never take these Amp stories seriously until others go to council and demand some answers. Love the stories, but so what?

 
At July 7, 2012 at 8:09 AM , Anonymous Anonymous said...

Really getting tired of hearing the same old story. We are not the only ones that got had in this scam, yet it seems to you that the city should fry it leaders. You still have not offered a cure for this problem. Just run everyone into the ground. boaring!!!!!

 
At July 7, 2012 at 10:08 AM , Anonymous TERM>> said...

7:26/8:09 I guess you have heard enough? I haven't because I watched it all unfold in front of my eyes at council meetings.
Is Mentor ,Perry, Madison, Willoughby,Chardon, Fairport and even Ashtabula caught in this scam? No These will be the cities Painesville will have to compete with to attract businesses and residents.
Until we have new city leadership at city hall I won't stop. Sorry. It is my blog. Don't read it if it upsets you just pay the man I mean Lady.

 
At July 7, 2012 at 3:18 PM , Anonymous Anonymous said...

In Galion we have a Schwans home food delivery service regional center ... they use a lot of energy for refrigiration and freezing of products.

http://www.schwans.com/

They will be pulling out soon and there goes a lot of jobs, income, taxes, spending. Which will have a ripple effect of more businesses closing and so on.

They warned any further increases in utilities and they are gone for good.

 
At July 8, 2012 at 6:33 AM , Anonymous Anonymous said...

The CM is currently interviewing candidates for the Electric Division Superintendent. The previous Super, a Les Nero appointment has retired. Council and the Public should watch carefully who she picks.
Dr. Handlon will also recommend a replacement for the HHS Principal this week at an emergency Board Meeting.
Two very important positions that could effect many of us in the City. I hope Council and the Board are prepared for the task.

 
At July 8, 2012 at 8:00 AM , Anonymous TERM>> said...

They can watch all they want but according to the charter changes made in the last 15 years[asked for by the present city manager] theres not much they can do but welcome him/her aboard.
You really think council runs anything?
Dr. Hanlon recommendation will be approved because thats how it's done here. I only hope some board members have the presents to ask some questions in a public forum, as well as residents. Don't see that happening .What you see is what you get.

 
At July 8, 2012 at 7:10 PM , Anonymous Seriously? said...

The board members will have presents? Is that ethical? Or should they have the "presence" to ask some questions?

 
At July 9, 2012 at 2:31 PM , Anonymous TERM>> said...

Seriously, You got me again. Sorry to any who were confused.

 
At July 10, 2012 at 11:52 AM , Anonymous Anonymous said...

Will someone ask Joe Hada who proudly voted for Prairie State. Just how Painesville will benefit when the power being produced there costs $58.00 per Megawatt and PJM on the wholesale market is selling it at $41.00 per Megawatt?
Who's going to make up the $17.00 difference? Amp-Ohio or Painesville?

 
At July 11, 2012 at 9:26 AM , Anonymous Anonymous said...

@ 11:52

What I'm reading according to the TOLEDO BLADE that ran a recent story on this fiasco

Wholesale rates are near 20 per MW

Prairie State will charge 65 per MW starting in 2013.

http://www.toledoblade.com/Energy/2012/05/23/Area-utilities-face-possible-30-rate-hike.html

 
At July 11, 2012 at 4:42 PM , Anonymous Anonymous said...

In the news again ...

http://www.midwestenergynews.com/2012/07/09/ohio-towns-have-buyers-remorse-over-prairie-state-energy-campus/

 
At July 11, 2012 at 4:54 PM , Anonymous TERM>> said...

4:42 There will even be more buyer remorse, SOON. I read a story about Galion, Ohio council, sounded a lot like a Painesville's meetings. I'm sorry I don't feel sorry for some of these people who went forward after being told over and over again it was a mistake. On top of that was the additude they exhibited.

 
At July 11, 2012 at 7:26 PM , Anonymous Anonymous said...

Where in the world are the investigations into this mess? Is anybody investigating AMP-OHIO yet, as far as anyone knows?

 
At July 12, 2012 at 6:03 AM , Anonymous Anonymous said...

It's near civil war in Galion now ... those in power will not give up the fiefdom .. it will have to be wrenched away from their broken hands if need be.

http://galionlive.com/2012/07/10/charter-vote-signature-threshol-reached/

They refuse to have a city finance meeting in Galion so the public knows the fiasco we are in. Going to have it anyways.


http://galionlive.com/2012/07/11/council-makes-signage-changes-hears-plan-for-public-meeting/

 
At July 12, 2012 at 6:24 AM , Anonymous TERM>> said...

7:56 All I will say is "SOON"

 

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