The obvious benefit to building a power plant is the security of knowing there will be a sufficient supply of electricity for our future. But, there are other benefits, particularly economic, that are associated with constructing a $752-million asset in a community.
Local municipalities that host power plants receive shared revenue payments from the state of Wisconsin. Because of the existing Weston units, shared revenue payments for Marathon County in 2007 were $346,770. The Village of Kronenwetter received $154,470 in 2007 and the Village of Rothschild received $539,071 in 2007, according to the State Department of Revenue.
Weston 4 is expected to become operational in 2008. When that happens, annual revenue payments would increase from current payments. Kronenwetter would receive $883,880 annually and Rothschild would receive $382,787 annually. Marathon County would receive $933,333.
The construction work-force for Weston 4 will be between 1,000 and 1,250 workers for the four years it will take to build the plant. The workforce brings with it an estimated gross payroll of $250 million. All general construction labor is being coordinated locally by the Northeast Wisconsin Building and Trades Council with an emphasis on hiring local as much as possible.
Even despite the emphasis on hiring locally, about 40 to 50 percent of the construction workforce is from outside the central Wisconsin area. This means housing, meals, entertainment and other retail sectors benefit greatly.
About 150 people currently work at existing Weston Units 1, 2 and 3. During normal operations, these plants are available to produce electricity 24/7. Most of the current workers live within the greater Marathon County and Wausau areas.
Building a power plant requires a lot of lumber, concrete and other building materials as well as services to support this massive construction effort. An additional $20 million to $30 million in local goods and services were purchased during construction of Weston 4.
As much as possible, Weston 4 uses local contractors to do work to complete the project. As of February 2005, nearly 80 local contracts were awarded for work at Weston 4. Here is a partial list of contractors and subcontractors with local or regional ties that have been awarded contracts:
Merrill Iron and Steel is one example of a local company that was awarded a contract approaching $20-million to manufacture the five large coal silos that will be needed at Weston 4. Each silo measures 75 feet in height and 30 feet in diameter and will store about 1,000 tons of coal.
When Weston 4 begins operation in 2008, an additional 41 permanent power plant jobs will be needed to operate the plant. Most of the new jobs will be in the maintenance, electrician, instrument and control and operations areas. The estimated additional annual payroll for Weston 4 once operational is $2.4 million.
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