Consumers Energy is suspending plans to start building a $700 million power plant in Genesee County.
The utility announced today it will instead buy an existing Jackson County power plant for $155 million.
“You know, frankly, we can look out our windows at our headquarters at Consumers Energy, look east, and see the steam when that plant is operating, which is quite often,” says Dan Bishop, a Consumers spokesman.
The Jackson County power plant has been generating electricity for a decade. As a merchant power plant, it sold electricity on the wholesale market.