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TVA ratepayers may be stuck with ash cleanup bill http://apocadocs.com/s.pl?1231437590
KNOXVILLE, Tenn. (AP) -- The tab for a toxin-laden ash flood at a coal-fired power plant in Tennessee could reach hundreds of millions of dollars, and ratepayers for the nation's largest public utility will probably be stuck with the bill.
The total cost of cleaning up last month's accident isn't yet clear, but the bill will be staggering. Extra workers, overtime, heavy machinery, housing and supplies for families chased from their homes and lawsuits are among the costs that are piling up.
And with few other places for the Tennessee Valley Authority to turn to cover the costs, the utility's 9 million customers in Tennessee and six surrounding states will bear the brunt in higher electricity rate hikes in the future, TVA Chairman Bill Sansom told The Associated Press on Wednesday.
"This is going to get into (electric) rates sooner or later," Sansom said. "We haven't even thought about going to Washington for it."
When a dike broke Dec. 22 at the Kingston Fossil Plant, some 1.1 billion gallons of sludge was released from a 40-acre settlement pond, blanketing nearly 300 acres in a rural neighborhood up to 9 feet deep in grayish muck and spilling into the Emory River threatening drinking water.
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[Read more stories about:
contamination, corporate malfeasance, heavy metals, water issues]
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Your Quips:
Ruby says: "Hell, everybody's getting a bail out! Why not the TVA, too?"
Heartless Phil says: "It's like that bridge in Minneapolis. Now everybody's got their buns in a twist about ash coal ponds. WHAT ELSE IS READY TO BREAK?"
Vonda says: "It's already broken, we just don't know it yet, Phil."
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