Missouri Net: Energy watchdog group claims Noranda Aluminum wants lower rates amid profitable growth
Noranda Aluminum alleges Ameren Missouri is overcharging consumers for electricity and gas. But one watchdog group says Noranda is just trying skirt the system to get a better deal than it deserves.
Tennessee-based Noranda Aluminum runs a large smelting facility in Southeast Missouri … it’s the state’s largest energy consumer. Missourians for a Balanced Energy Future says Noranda wants a better deal than it is already getting though its profit margins speak for themselves.
“They issued a claim with the Missouri Public Service Commission alleging that they’re destitute and need a further slash to their electricity rates,” said Irl Scissors, executive director of Missourians for a Balanced Energy Future. But later “… They announced to their shareholders on Wall Street that they’re paying a dividend and had a decent year in 2013. So I’d say they’re definitely talking out of both sides of their mouth.”
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