News
Century Aluminum Reviewing Ruling Over Proposed Electricity Rate Plan
By: Associated Press
Posted on:
Century Aluminum is reviewing the Public Service Commission's rejection of its proposals for a special electricity rate for its Jackson County plant.
Century Aluminum spokeswoman Lindsey Berryhill said that the company remains committed to restarting the plant in Ravenswood.
The company had asked the PSC to reconsider a plan proposed by regulators in October.
The plan allows 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 says the plan isn't sufficient to allow a restart of the plant. It asked the PSC to reconsider and submitted two alternative plans.
The plant closed in 2009.