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Posts tagged as: progress energy

FPL and Duke Energy Customers Still Saddled With Costs of Failed or Future Nuke Plants

| August 6, 2013

The Florida Public Service Commission on Monday approved an agreement with Juno Beach-based FPL that will charge residential customers 48 cents per 1,000 kilowatt hours of power for nuclear construction at least 10 years away. The PSC backed an increase of 89 cents for the same amount of power that will be added to monthly bills of Duke Energy customers starting in January 2014, for nuclear plants that’ll never be built.

Duke-Progress Energy Won’t Build Troubled $25 Billion Nuke Reactors in Levy County

| August 2, 2013

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.

Attempt to Rein In FPL and Progress Energy’s Ghost Construction Fees Evaporates

| May 2, 2013

The changes in the nuclear cost bill establish a series of benchmarks for a utility seeking to build a nuclear power plant to follow in order to impose pre-construction fees. But the amendment also removed a provision that would have required the companies to refund money if they halted their plans.

Radiation Sickness: Florida Republicans Tiring of Up-Front Utility Rates for Nukes

| February 22, 2013

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.

For FPL Customers, Bills $20 Higher in 2013 for Nuke-Plant Construction That May Never Happen

| November 27, 2012

Flagler County customers of FPL will pay an additional $1.69 a month, or $20 for the year in 2013, for nuclear-plant construction slated for the distant future, and that may never take place. It’s the third year in a row that customers are paying those up-front costs.

Smart Meters and the Paranoia of Fake Fears

| October 21, 2012

With smart meters as with numerous other issues, some of our most basic scientific or technological advances are being held hostage to perversions of evidence no more legitimate than superstition and sham controversies.

Should You Keep Paying FPL and PEF For Nukes Plants that May Never Be Built?

| October 8, 2012

The up-front nuclear costs for plant construction have become highly controversial, at least in part because there is no guarantee that FPL and Progress will build the planned reactors and because projected costs have risen to over $40 billion for four reactors. The Supreme Court will decide the matter.

Should FPL and Progress Energy Charge You $300 Million for Distant-Future Nukes Plants?

| September 6, 2012

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.

Progress Energy’s Nukes Plant Costs and Delays Escalate, But Customers Must Still Pay Ahead

| May 2, 2012

A controversial Progress Energy Florida project to build two nuclear reactors in Levy County will not start producing electricity until 2024 — and likely will cost between $19 billion and $24 billion, the company now says, but customers will still have to pay for them now.

Driven By Lower Fuel Costs, FPL Projects Lowering Power Bills By $2 a Month in 2012

| November 22, 2011

FPL, the state’s largest utility, said 2012 fuel costs are now projected to be $460 million less than it had anticipated earlier as natural gas costs keep dropping. That won’t affect surcharges for future nuclear power plant construction.

How Progress Energy Wants to Pass On A $2.5 Billion Nuclear Blunder to Customers

| November 21, 2011

One of the most expensive nuclear accidents in United States history happened right here in Florida a little over two years ago, and now Progress Energy wants customers to pay for its mistake at the Crystal River nuclear plant.

Nuclear Socialism: FPL and Progress Energy Get $282 Million Rate Hike

| October 24, 2011

Though FPL’s and Progress Energy’s nuclear plants may never be built, the Public Service Commission is set to approve billing utility customers now for those future costs.

FPL’s $18 Billion Nuclear-Reactor Plans Leak Unanswered Questions Before Florida PSC

| August 11, 2011

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

| August 7, 2011

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

| August 6, 2011

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.

Pass-Through Crock: How Progress Energy May Once Again Nuke Its Customers

| July 16, 2011

Progress Energy is already charging Florida customers $5.53 per month for non-existent nuclear-power plants slated for construction at unknown dates in the future. The Public Service Commission and the Legislature allow the scheme.

FPL, Progress Energy, Florida’s Nuclear Fraud

| March 25, 2011

Florida taxpayers and ratepayers are footing the bill of Florida Power & Light’s and Progress Energy’s risk-free, $40-billion plan to build nuclear reactors, a fraud enabled by the Legislature and Congress.

Disaster Ready? 5 Nuclear Reactors in Florida, 3 Of Them Within 180 Miles of Palm Coast

| March 15, 2011

Progress Energy’s Crystal River Plant in west Florida is exactly the same distance–140 miles–separating Tokyo from the exploding Fukushima Daiichi nuclear power plant in Japan. Two reactors in Jensen Beach are 180 miles south.

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