BNSF, Power Plant Owner Settle Long-running Rate Dispute
LINCOLN, Neb. (AP) — Lincoln Electric System and other owners of a coal-fired power plant in Wyoming have settled their rates dispute with BNSF Railway.
The Lincoln Journal Star reports ( ) that settlement terms haven’t been released.
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The dispute began more than 10 years ago when the Missouri Basin Power Project, which owns the plant, and the coal supplier filed a complaint with the federal Surface Transportation Board, saying the railroad was gouging them on coal deliveries to the Laramie River Station. In 2009 the board awarded the project members $345 million in rate relief. BNSF appealed, and the dispute has since been argued before the board and in federal courts.
The plant produces power for about 2 million consumers in Colorado, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, South Dakota and Wyoming.