MUSKEGON, Mich. (WZZM) - Muskegon's mayor says the city expects to lose 10-percent of its tax base sometime in 2014. That's when Consumers Energy intends on starting the process of shutting down the B.C. Cobb Generating Plant.
The plant went into production in 1948. Currently the facility provides 116 jobs.
A Consumers spokesperson says it would be too costly to upgrade the coal plant to meet current and pending clean air regulations. The current price and availability of natural gas was also part of the company's decision.
The facility is Muskegon County's largest taxpayer. Each year contributing more than $4 million in taxes that's split between Muskegon County, the city of Muskegon, Reeths-Puffer Schools, the Hackley District Library, and other taxing units.