As state regulators sell Point Beach Nuclear Plant to a Florida company, one local urges them to use profits toward greener solutions.
Manitowoc Herald Times Reporter
Regulators Urged to Think Energy Efficiency
By Kristopher Wenn
June 15, 2007
http://www.htrnews.com/apps/pbcs.dll/article?AID=/20070615/MAN0101/70615...
MANITOWOC — Kathryn Sachs urged state regulators on Thursday to consider using profits from the sale of Point Beach Nuclear Plant or funds that had been set aside by We Energies for eventually closing the plant for energy efficiency programs in the state, including "green credits" for energy-efficient businesses.
We Energies plans to sell its 1,033-megawatt plant to Florida-based FPL Energy LLC for nearly $1 billion. The sale is expected to be finalized in August.
Sachs was the lone speaker at the first of two public hearings on the sale held Thursday in Manitowoc by the Public Service Commission of Wisconsin (PSC).
"In the case of the sale of Point Beach nuclear facility to FPL Point Beach, the state of Wisconsin would be forfeiting to an out-of-state provider, the state's only significant source of carbon-neutral energy," said Sachs, of E4 Inc., a Wisconsin non-profit corporation involved in promoting energy efficiency for Wisconsin business.