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Stop the Ginna bailout
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The nuclear power plant owner, Exelon, and the utility company, Rochester Gas and Electric (RG&E), are proposing a deal that would raise Rochester-area electricity rates with the explicit purpose of bailing out the uneconomical Ginna nuclear reactor. The proposed
agreement would subsidize Ginna’s continued operation until October 2018.
Total Estimated Cost of the Bailout: $175.3 million
The average cost per month for each RG&E customer would be approximately $11. Annually, customers would pay an average of $135 more for electricity. In general, customers
with lower usage will pay less, while customers with higher usage would pay more. In addtition to raising electricity costs for customers, this proposal could cause local businesses to close, cut jobs or raise prices and force municipalities to raise local taxes or cut services.
How much will the Ginna Bailout Cost?
Opposed to this Corporate Bailout? Contact Governor Cuomo and the Public Service Commission Today!
Visit www.allianceforagreeneconomy.org/ginna to take action.
Residential Customers
Small businesses, most municipal
buildings & schools, office buildings
Large industrial & commercial, hospitals
and universities, large groceries
Estimated 2015 monthly costs as reported by RG&E
Rates increase 3% – 8%, costing up to $77.43 per month ($929 per year).
Rates increase 5% – 13%, costing up to $891.32 per month ($10,696 per year).
Rates increase 4% – 30%, costing up to $38,647 per
month ($463,764 per year).