Prairie State Coal Plant Tracker » Missouri Joint Municipal Electric Utility Commission (MJMEUC) (12.33%)

Prairie State Coal Plant Tracker » Missouri Joint Municipal Electric Utility Commission (MJMEUC) (12.33%): "Pool Power Purchasers: The Pool Power Purchasers currently consist of 35 of MJMEUC’s Members. Thirty-four of these members took full requirements service from MoPEP 1 as of December 31, 2009. The City of Lebanon, Missouri joined MoPEP 1 and commenced service on April 1, 2010. MoPEP 1 reached a peak load of 550.9 MW on August 10, 2010 for the calendar year 2010 through October 31.

The Pool Power Purchasers are obligated to pay a proportionate share of all of MoPEP 1’s operating expenses, including all of MoPEP 1’s allocable costs associated with the Prairie State Project.

MJMEUC purchased delay in start-up insurance to protect against delay in completion caused by loss or damage to the power plant, switchyard, or owner’s equipment, materials or supplies. The Delay in Start-Up Insurance is an aggregate amount of $38,000,000 which is expected together with capitalized interest, to cover MJMEUC’s debt service for a period of approximately eleven to twelve months beyond the guaranteed completion date for each unit.

Complete list of member communities"

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