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Do we have plans if NRG closes?

July 13, 2013

It is obvious that this region needs jobs....

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Jul-13-13 9:50 PM

When NiMo owned the plant it was part of a utility with certain rules to follow and the right to pass on costs to the customer with guaranteed profits. Now that the plant is owned by a private sector power producer they have no such guarantees they sell power according to the market rate that changes hourly and cannot simply pass on costs they must trim costs to produce at a profit. So what has the PSC have to do with any of this it is an open competitive market? National Grid is the non competitive utility!

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Jul-13-13 10:38 AM

Is there a plan.....ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha

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Jul-13-13 10:09 AM

rdnewt -- you have ZERO idea of what you're talking about. NRG doesn't have a half billion in cash to upgrade its plant -- NRG will go to the bond markets and borrow the money, esp when bond prices now are relative cheaper than they have been in years. NRG will NOT eat the interest charges for these bonds -- they will pass them on -- all corporations do.

Do some homework,or get a clue before you spew next time. You're embarrassing...

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Jul-13-13 9:52 AM

HELLO People, NRG wants to spend $500,000,000 of it's own money to convert the plant and keep it here. Who the F are we to tell them otherwise? The PSC should not even have a say in this.

And yes, the city gov't is inept, and needs a lot of fixing, but why is the main focus of some of these ******* bloggers to laugh and hope that Dunkirk gets it's just desserts and fails. What the*****kind of attitude is this?

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Jul-13-13 8:46 AM

The writer makes some excellect points. As I see it, for NRG to survive either the politicians are going to have to pull some political strings or local taxing authorities are going to have to re-structure in order t survive. NRG is not in business to pay taxes or to provide local employment. They are in business to generate a return on investment for it's stockholders - that is the real world and in the real world companies have to compete to make a proft. Even if NRG survives in the city the time has come for local taxing authorities to start planning for a future where money doens't grow on trees or turbines. Increasing taxes will simply destroy what little is left in our area. Let's get serious about our spending problem.

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Jul-13-13 8:34 AM

It is amazing that the decision is in the hands of a govt agency ! I mean the elctrical system we have was invented by Tesla, private enterprise.Fracking causing a huge disruption in the world energy markets. Dont forget Obamas war on coal. The gas and oil industry also by private enterprise.christopher, where are you ? We should let the govt employee make such a critical decision ? I think not. Let private enterprise do its thing. Oh John D Rockefeller , we need you more than ever. the activist women since Tarbell have really goofed up the system . Judeye, where are you ?

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Jul-13-13 8:25 AM

Of course our leaders have a plan if NRG closes. They would not be leaders if they didn't. Today we have in the paper Cerne crying the blues because money will be tight. Ok now what is his plan to deal with the closing? Evidently nothing. The city will lose millions and I am sure Dolce has a solution. Cut back projects kinda doubt that. Freeze wages? Forget about it. Tax increases for all. Water and sewer rate increases for all. And I am sure that the city has a plan for the closing of of Cott industries because of the increases. So you see our city is in capable hands and plans are in the making for the possible closure. I am sure that the city will go to the clubs to make up the difference and continue to repair the seawall. Your government never sleeps. The wheels are always turning. Moving the residents out of the city.

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Jul-13-13 8:08 AM

Well Mr Rogers lets hear what the program would entail and how would you fund it?

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