Restarting Power Plant Could Cost $50m

Summary


A plan to restart the old Pierce Station power plant, which was shut down in 2000 and dismantled a year later, will likely cost $50 million or less, and could save Wallingford anywhere from $400,000 to $3 million a year in purchase power costs, public utilities Director Raymond Smith said Tuesday night. The Public Utilities Commission reviewed the positives and negatives of a proposal by the Norwich-based Connecticut Municipal Electric Energy Cooperative to restart the East Street facility but didn't take action. A vote will likely come at the commission's Jan. 17 meeting.

Both agreements - one to commit Wallingford to the project, the other needed to lease the plant to the energy cooperative for a 10- year-period - must also be approved by the Town Council. The governing body is expected to take up the issue at its Jan. 24 meeting, said Vice Chairman Stephen Knight, who attended the commission meeting with Mayor William W. Dickinson Jr.

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Restarting Power Plant Could Cost $50m

"We have to do something, and somebody's got to pay for it," Knight said after the meet...

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