nuclear-news

Nuclear power plants operating license fees to go up

Indian Point nuclear licenses to cost more lohud.com Michael Risinit April 22, 2014  The Nuclear Regulatory Commission collects most of the money in its budget from the nation’s nuclear plants, including Indian Point. our first driver’s license at 16 will cost you $80. A resident hunting license? $22. A license to operate a nuclear reactor? Millions.

While most of your tax dollars go toward the agencies and departments involved with healthcare, defense and the national debt, the Nuclear Regulatory Commission gets most of its money from the industry it oversees. By law, the NRC must recover about 90 percent of its budget from license charges, spokesman Neil Sheehan said.

This year the fee is going up by $938,000. That means Entergy, the owner of Indian Point nuclear power plant, and the country’s other nuclear power companies must pony up $5,328,000 for each running reactor. That money will go back into the U.S. Treasury’s general fund………http://www.lohud.com/story/news/local/indian-point/2014/04/22/nuclear-plant-licenses-costly-indian-point-owner/8004159/

April 23, 2014 - Posted by Christina Macpherson | business and costs, USA