Who will take the risk that the plant will be built on time and on budget and that it will run properly?
In the past, when utilities built power plants, the electric consumer frequently bore the risks associated with construction and operation of power generating facilities. Today, power plants in New York are being built by independent generating companies, in a competitive environment. TGE will bear the risk of construction and operation of this facility. As an electric consumer, you will not have to pay if construction costs go up or if the plant does not operate as planned. In addition, a special decommissioning fund will be set up to dismantle the facility after the end of its useful life.
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