The Florida Public Service Commission gave unanimous consent Tuesday for
a 750 megawatt coal-fired power plant to serve customers of Seminole Electric
“The cooperative’s customers need reliable power at reasonable prices,”
Commission Chairman Lisa Polak Edgar said. “This plant is the most
cost-effective way to meet those needs, and it helps reduce Florida’s
dependence on natural gas.”
The plant, which is scheduled to go into operation in May 2012, will be
built at the utility’s existing Palatka site, beside two existing coal plants. The
utility conducted analyses to compare the cost of various fuels and found the
coal option would yield savings of $476 million compared with natural gas over
the life of the plant.
Seminole provides electricity to 10 member cooperatives, which are
projected to have a combined total of more than one million residential
customers by 2015.