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Walker’s budget allows power plant sale

MADISON, Wis. (AP) — Gov. Scott Walker’s budget bill includes the possibility of selling power plants at state facilities, including university campuses and prisons.

Legislative Fiscal Bureau analyst Darrin Renner said savings for the state would depend on how much the private sector is willing to pay for the aging plants and how much it would cost the state to purchase that power.

The bureau in 2005 estimated the total value of the 34 plants at $236 million, with nearly $84 million in debt.

According to the Journal Sentinel, a similar plan in the 2005-2007 budget was vetoed by former Gov. Jim Doyle.

Information from: Milwaukee Journal Sentinel, http://www.jsonline.com

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2 comments

  1. So let me get this straight. The LFB has no idea on savings or how much cost this will be to the taxpayers and yet the Cheesehead Pharaoh says no oversight in selling the plants.

    If the sales go through, Taxpayers of Wisconsin will in up paying in the long run BIG TIME. This budget repair bill is wrong.

  2. Bob that a pretty over-reactionary comment. I’m sure the negotiations for any sale would determine the sale cost, cost of service etc. so savings could be determined. There is a significant cost in operating these, but the worse problem is that all Wisconsins granola eaters are filing suits for mega millions forcing conversions that are tremendously expensive. If obama’s EPA kills coal the problems and costs will get even worse.

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