Winnetka’s power plant scandal ‘quite simply false’

WINNETKA, IL — “After a new study was released revealing Winnetka residents might pay more for coal power than their green-energy neighbors, representatives with the village’s power supplier are coming out with guns blazing.

Kevin Gaden, President and CEO of the Illinois Municipal Electric Agency, says last week’s study from clean energy activists is ‘deeply flawed,’ citing roughly six areas in the document that he said are ‘simply false.’

‘On August 29, an organization called the Institute for Energy Economics & Financial Analysis released a report that purports to demonstrate that the Prairie State Generating Company is uneconomic and a detriment to those power suppliers that are partial owners,” explained Gaden in a press release. ‘…This study’s authors either don’t understand or chose to ignore the facts related to PSGC or the energy markets.’”

— Andy Ambrosius, Winnetka Patch

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