CENTURY ALUMINUM RATES Century Aluminum's Bid For Special Electricity Rate To Be Addressed In December
Reported by: Associated Press
Web Producer: Jeff Morris
Reported: Nov. 19, 2012 10:29 AM EST
Eyewitness News Photo
, Kanawha County
, West Virginia
Century Aluminum's bid for a special electricity rate for its Jackson County plant is expected to be addressed by state regulators again in December.
In a Friday filing, the Public Service Commission set a tentative Dec. 14 date to address the company's request that the agency reconsider the special rate it proposed in October.
The PSC's plan would allow a special electricity rate for the plant for up to 10 years. But it also keeps Century ultimately responsible for making up the difference between the rate and actual power costs.
Century rejected the plan, saying it's insufficient to allow a restart of the plant, which was closed in 2009.
The company later asked the PSC to reconsider its October ruling and submitted two alternative rate plans.