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Paying in advance for a nuclear plant is unthinkable

Paying in advance for a nuclear plant is unthinkable
In TampaBay.com  January 7, 2009 – “…………………..o charge consumers in advance for the cost of construction of a power plant is unheard of. What were the legislators thinking when they allowed this? These nuclear plants may not go on line for eight to 10 years or longer. Furthermore, no nuclear power plant has ever come in on budget, therefore the monthly billing cost to the consumer will definitely increase.

Lastly, all the people who will be paying for the plant and have died or moved away will never reap the benefits of the supposedly lower electricity rates. Will they get a rebate?

The status of our current economy would welcome a bond issue to cover the cost of these plants and be a much better and safer investment than other corporate stocks.

Robert Furletti, Clearwater

Paying in advance for a nuclear plant is unthinkable – St. Petersburg Times

January 7, 2009 - Posted by | Uncategorized

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