Kleen Energy to Pay Millions in Delay Costs After Explosion

kleen energy aerial view 2 7 10 ap photo jessica hill2 Kleen Energy to Pay Millions in Delay Costs After Explosion

AP File/Jessica Hill

HARTFORD, Conn. (AP) _ Kleen Energy Systems has agreed to pay millions of dollars in damages for costs associated with delayed production at its Middletown power plant, seriously damaged in a deadly gas explosion in February.

The agreement means the company will avoid an inquiry before state utility regulators that could have forced Kleen to disclose privately held information on subjects such as the plant’s financing, its construction schedule, its contractor’s safety practices, and data on the cause of the explosion that killed six.The Hartford Courant reports that financial damages, estimated at $8.4 million, will help reduce the electric bills of Connecticut Light & Power ratepayers.

Kleen’s $1 billion natural gas-to-electricity plant was scheduled to become operational Nov. 30, but the explosion has pushed that to April.
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Information from: The Hartford Courant, http://www.courant.com

(Copyright 2010 by The Associated Press.  All Rights Reserved.)

Comments

One Comment

  1. Ken Blake says:

    Where is the justice? That’s right, just pay off the politicians, and nothing will ever be disclosed. And don’t think for a moment that that money will go to reduce our rates. Then after the election the thrown out incumbents will be scratching the heads wondering what happened!

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