" AND THE BEAT GOES ON" sonny & cher

Well it's nice to see someone doing something.

 Peabody refutes cost claims in Prairie State lawsuit

August 21, 2014

Louisville, Kentucky—”Peabody Energy on Wednesday refuted claims by Illinois plaintiffs in a lawsuit who accuse promoters of the 1,600-MW Prairie State Energy Campus of misrepresenting the costs and benefits of the controversial baseload coal-fired power plant in southwestern Illinois…

The suit alleges negligent misrepresentation by five consultants to Batavia and names 19 other entities as respondents in discovery, including Peabody, which originated the nearly $5 billion project more than a decade ago…. Over the years, the project was delayed and costs nearly tripled. The plant’s two 800-MW units went into commercial operation in 2012.

Prairie State extremely competitive: Peabody

According to the suit, Batavia was not informed that a ‘capped’ price for electricity from Prairie State had been removed from the city’s contract. As a result, Batavia’s power costs climbed to more than $100/MWh and reached a delivered high of $179.82/MWh in November 2013, far exceeding the $46/MWh it had been promised, the suit said….

Vic Svec, Peabody senior vice president of global investor and corporate relations, said the suit’s allegations that Prairie State is not good for consumers are baseless. ‘Sound long-term forecasts show electricity costs from Prairie State will be extremely competitive with other fuels over the long term,’ he said.…”

I guess Painesville City Council see's no problem being promised $48.06/MWh and paying
$179.82/MWh why not it's only money.....Your money !!!

Maybe a proclamation on Painesville biggest boondoggle? Beating out the Battery Box Building, as well as the Windmill project.