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 When A Nuclear Plant Closes - Who Pays 
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Location: Illinois
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California’s San Onofre nuclear plant, on the Pacific coast between San Diego and Los Angeles, hasn’t generated electricity since early 2012.

Five-and-a-half years later, officials are still haggling over who should pay an estimated $4.7 billion in costs related to the early shutdown

Historically, ratepayers have been stuck paying the entirety of utilities’ unrecovered costs when power plants are forced to shut down early, said Matthew Freedman, an attorney at The Utility Reform Network, or TURN, a San Francisco-based ratepayer watchdog.


FULL STORY HERE: http://www.lohud.com/story/news/investigations/2017/07/12/nuclear-plant-shuts-pays/103598430/

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Wed Jul 12, 2017 10:16 am
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