Indiana Utility
Regulatory Commission
302 West Washington
Street, Room 306
Indianapolis
Indiana 46204
317.232.2297 office
317.233.1982 fax
The
Indiana Utility Regulatory Commission today approved a request from PSEG
Morristown Energy Company, LLC to build and operate a 340 MW power generation
facility.
In Cause No. 41867, the majority of the Commissioners are
satisfied that there is not only a generic need for power in the region, but
also a particular need for the power that will be generated by the facility.
The evidence in this case also indicates that the facility
should reduce the cost of power and provide additional power that, in turn,
will benefit ratepayers in Indiana. The
company also agrees to operate its facility in a manner consistent with good
utility practice that will not harm or cause harm to Indiana retail customers.
The facility will be located on approximately 30-acres of
industrial zoned land in Morristown, Shelby County, Indiana. It will use natural gas as its fuel.
The company has submitted evidence that it has complied with local
zoning and land use requirements, and has obtained or will obtain all local
construction-related permits. The
Commission also received letters from
local officials supporting the project.
To allow the IURC to keep track of electric systems across
the state, the order requires the company to keep the IURC informed of progress
during construction. The company is
also required to seek prior approval of any transfer of assets owned by PSEG
Morristown Energy Company, LLC.
Electricity generated at the facility will be sold solely on
the wholesale market. PSEG Morristown
Energy Company, LLC does not intend and is not
authorized by the IURC to sell any electricity generated from this facility
to the public on a retail basis.
PSEG
Morristown Energy Company, LLC is a Limited Liability Company organized and
existing under the laws of the State of Delaware.
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