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Will ratepayers foot the big bill for restarting San Onofre nuclear power plant?

California Regulators Examining Troubled Nuclear Plant’s Costs Fox Business, October 25, 2012 California regulators said Thursday they would decide whether utility customers should pay to fix and restart the troubled San Onofre nuclear power plant in a ruling likely to determine the plant’s future.
The nuclear plant, located on the Pacific Coast between Los Angeles and San Diego, has been shut since Jan. 31, when a pipe ruptured and released radioactive steam…

.. The company plans to restart part of the plant for a limited period, but needs approval from the U.S. Nuclear Regulatory Commission before it can proceed. The NRC has said a decision on that plan, filed earlier this month, will likely take several months.
Asked whether the company might delay its plans for the plant pending the CPUC’s decision on whether customers would foot the bill, a SoCal Edison spokeswoman declined to comment…..  http://www.foxbusiness.com/news/2012/10/25/california-regulators-examining-troubled-nuclear-plant-costs/#ixzz2AR7GkP3a

October 26, 2012 - Posted by | business and costs, Canada

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