Reading Municipal Light Board Plans $140 Million Energy Projects

Overview: In a recent meeting, the Reading Municipal Light Department Board outlined an plan involving multiple projects with an estimated budget increase of $140 million. These projects include the development of an energy park, a carbon capture fuel cell, a long-duration battery, and a solar array. The most significant topic of the meeting was the board’s decision to approve an additional $60 million increase to the 2024 capital budget specifically for potential generation and storage projects, despite concerns over the substantial financial commitment.