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Indiana Bill to allow nuclear plants to pass costs to consumers

The bill would allow utilities to seek “timely recovery” of the costs of designing, licensing and permitting of nuclear power plants.

Ind. Senate panel advances nuclear incentive bill,  Bloomberg, Feb 12, 2011 By The Associated Press,INDIANAPOLIS (AP) — A bill that would allow Indiana’s utilities to quickly pass onto their customers some of the costs of planning nuclear power plants is advancing in the General Assembly.

The bill co-sponsored by Republican Sen. James Merritt passed the Senate’s Utilities and Technology Committee on a 6-2 vote Thursday after the panel heard about four hours of testimony. It’s now eligible for second reading in the Senate.

The bill would allow utilities to seek “timely recovery” of the costs of designing, licensing and permitting of nuclear power plants.

Ind. Senate panel advances nuclear incentive bill – Bloomberg

February 12, 2011 - Posted by | politics, USA

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