Jan 28
2014
NRG Huntley plant belching red ink
NRG’s coal plant in the Town of Tonawanda is losing an average of $1 million a year and is at risk of closing, according to a new report. The report by the Institute for Energy Economics and Financial Analysis provides a warning to Huntley employees, community residents, the Ken-Ton school district and elected leaders: prepare now for the plant’s closing. The warning is based on the financial stress that such a closure would create for the community: 70 lost jobs and $16 million less tax revenue, half of which goes to the Ken-Ton school system. The Buffalo News reports that town officials said the analysis uses[...]