nuclear-news

Unexpectedly, California Public Utilities Commission re-opens case of ratepayers funding Dan Onofre nuclear shutdown

Public Utilities Commission reopens San Onofre case,  Admits they “undermined public confidence in the agency”, San Diego reader By Don Bauder, May 9, 2016  In a surprise move, the California Public Utilities Commission today (May 9) reopened the 2014 agreement by which ratepayers got stuck with $3.3 billion of costs related to the sudden closing of the San Onofre nuclear plant. It became known as “the rape of the ratepayer” because management errors, such as those causing the San Onofre shutdown, should be charged to shareholders, not ratepayers.

The utilities regulator also banned all ex parte (one-sided) meetings with decision-makers or commissioners. As representatives of ratepayers expressed shock, past secret meetings between brass of Southern California Edison and commissioners came to light, clearly showing that the decision to plunk the burden of paying for San Onofre on ratepayers was reached through a series of clandestine, unreported meetings.

Up to now, ex parte meetings have been permitted as long as they were quickly revealed to all parties. The announcement today referred to the most infamous of those meetings — a Warsaw, Poland, huddle between former CPUC president Michael Peevey and Edison executive Stephen Pickett at which Peevey essentially sketched the strategy for fleecing ratepayers. The secret huddle was in 2013 and Edison did not report it until 2015. The commission in December noted eight such violations by Edison. This clandestine coziness “undermined public confidence in the agency,” said the commission today — a laughably euphemistic way of stating the situation…….http://www.sandiegoreader.com/news/2016/may/09/ticker-utilities-commission-reopen-san-onofre-case/#

May 14, 2016 - Posted by Christina Macpherson | business and costs, politics, secrets,lies and civil liberties, USA