Customers will be required to pay as much as $1.466 billion over 20 years to cover continuing costs at the defective and shuttered Crystal River plant, and they will not be refunded the $150 million they’ve paid in up-front costs for the Levy reactors.
florida power and light
Radiation Sickness: Florida Republicans Tiring of Up-Front Utility Rates for Nukes
Four Republican senators said Thursday they will try to revamp a controversial 2006 law that has led to utility customers paying hundreds of millions of dollars for nuclear-power projects — but stopped short of calling for a total repeal.
Should FPL and Progress Energy Charge You $300 Million for Distant-Future Nukes Plants?
The state’s largest electric utilities are seeking approval from the Florida Public Service Commission to collect money that goes toward upgrading already-existing nuclear plants and helps pay for early work on new reactors that may or may not be built years from now.
FPL Claims Settlement Would Scale Back Rate Hike to $548 Million, But Opponents Cry Foul
The $548 million increase is down from an initial proposal of $690 million, but the state’s Office of Public Counsel, which represents consumers and the Florida Retail Federation, say FPL’s rates should decrease — not increase — next year.
Florida Is 6th Worst Toxic Polluter from Coal-Fired Power Plants Despite Natural Gas Gains
Coal-fired power plants in Florida expose residents to toxic pollution at the sixth highest rate in the nation even as natural gas now accounts for almost two-thirds of the state’s power generation, according to a report by the Natural Resources Defense Council.
Flagler Residents Would See $84-a-Year Jump in FPL’s Base Rate Despite Solid Profits
Despite higher profits than most industries, Florida Power & Light (FPL) is requesting the $690.4 million rate increase in 2013. FPL says the increase would be offset by fuel cost decreases, at least in 2013, reducing the net bill increase to $2.48 a month.
Major Power Outages in Flagler Restored, But Many Smaller Ones Remain
Winds of up to 60 miles per hour have downed power lines and trees, cutting power for 6,000 customers in Flagler County as of 10:30 p.m. See how you can track your outages and find out reconnection times.
FPL’s $18 Billion Nuclear-Reactor Plans Leak Unanswered Questions Before Florida PSC
FPL’s plan to pass along almost $200 million in nuclear construction costs to consumers in just one year raised a question at the Public Service Commission: why charge customers if the $13 billion to $19 billion nukes plants may never be built?
Florida’s Nuclear Energy Scamming: It’s Not Rickover’s Atomic Power Program Anymore
Customers should not have to pay decades ahead of time for Florida Power & Light’s and Progress Energy’s future nuclear power plans, especially when they may not be built, argues Darrell Smith.
FPL and Progress Energy Again Asking To Pass Along Ghost-Nuke Plant Costs
Florida Power & Light and Progress Energy Florida are seeking to pass along about $335 million in nuclear costs to customers next year, largely to cover costs of nuclear plants that won’t be built for 10 years or more.