seMissourian.com: State News: Panel denies electric rate cut for smelting plant (08/21/14)

seMissourian.com: State News: Panel denies electric rate cut for smelting plant (08/21/14): "State utility regulators denied a request Wednesday from a Southeast Missouri manufacturer to cut its electric rates by about 25 percent and pass the difference to other customers of Ameren Missouri.
In an order accompanying its 5-0 vote, the Public Service Commission said it was unconvinced by Noranda Aluminum Inc.'s assertion it faced a "liquidity crisis" or that the rate cut was crucial to the future of its large smelting plant in New Madrid, Missouri."



'via Blog this'

No comments:

Post a Comment

Comment?