Big Rivers Electric’s decision to let Century Aluminum out of its contract in August, may mean significant electric rate increases throughout the region.
Big Rivers spokesperson Marty Littrel said the aluminum smelter will be able to buy electricity elsewhere on the open market. But since the smelter is Big Rivers’ biggest customer, Littrel said the power supplier has to raise rates about 20 percent.
“All we’re trying to do is cover our expenses here,” he said. “We’ll likely have to idle a plant because this is a huge revenue loss for us.”