nuclear-news

$25 million penalty resulting from shutdown of nuclear plants

Florida Utlity Company to Pay $25 Million for Blackout New York Times By MATTHEW L. WALD

Published: October 8, 2009

WASHINGTON — A Florida utility has agreed to pay a record $25 million penalty for causing a blackout that left nearly a million customers in the dark in February 2008.

The next-largest penalty ever assessed for violating grid rules, $250,000, was levied in March against the same utility, Florida Power & Light, for a different problem.

The larger penalty was announced Thursday by the new electric grid enforcement agency, the North American Electric Reliability Council……….

The agreement specifies that the company cannot collect the penalty from ratepayers….. The failure led to the sudden shutdown of several generating stations, including the two nuclear plants at Turkey Point…. http://www.nytimes.com/2009/10/09/us/09blackout.html

October 9, 2009 - Posted by Christina Macpherson | business and costs, USA | antinuclear, nuclear