17 AUGUST 2011alu
Alcoa: Santee Cooper's rates too high
Edited by : AL CIRCLE
1 min read
Aluminum producer Alcoa has started negotiating with Santee Cooper over its electricity rates, saying it can’t continue to pay at the current rate.
“When you look at what our rate’s been recently, it’s much too high for us for a long-term solution. We’ve got to do something different,” said Alcoa plant manager Mike Rousseau.
Rousseau declined to directly state that the plant could close. Alcoa has idled plants in the past because of increasing energy costs; it idled a Washington state plant in 2001 because of energy costs and decided in 2004 not to reopen it when it couldn’t get concessions from the workers.
Santee Cooper Vice President of Corporate Communications Laura Varn said that the utility and Alcoa are "working together very closely and doing all that we can do to find common ground and a successful solution to the power cost issue.
Rousseau declined to directly state that the plant could close. Alcoa has idled plants in the past because of increasing energy costs; it idled a Washington state plant in 2001 because of energy costs and decided in 2004 not to reopen it when it couldn’t get concessions from the workers.
Santee Cooper Vice President of Corporate Communications Laura Varn said that the utility and Alcoa are "working together very closely and doing all that we can do to find common ground and a successful solution to the power cost issue.
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