CHICAGO — Local communities in eight states with a stake in the controversial and mostly bond-financed Prairie State Energy coal project in Illinois could face fiscal stress due to the significantly higher than projected rates they now face, along with future financial risks, a new report warns.

Customers in a total of 217 municipalities and 17 electric membership cooperatives in Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, Virginia and West Virginia will rely in part on the coal-fired plant for power.

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