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A billion dollar bailout for Three Mile Island Nuclear Station?

Bailout bill proposed for Three Mile Island nuclear plant, 21 News, by Jessie McDonough, March 9th 2019  MIDDLETOWN, PA — A 981-million dollar bailout will be proposed next week to keep Three Mile Island Nuclear Plant afloat.

Republican representatives want to amend Pennsylvania’s Alternative Energy Portfolio

MIDDLETOWN, PA — A 981-million dollar bailout will be proposed next week to keep Three Mile Island Nuclear Plant afloat.

Republican representatives want to amend Pennsylvania’s Alternative Energy Portfolio Standard by adding nuclear energy to the plan. Energy providers will have to buy a certain percentage of nuclear which would lead high utility bills for you the consumer.

The proposal would bail out two nuclear energy plants. One of those is Exelon’s Three Mile Island.

Not everyone is on board with the proposal and its’ hefty price tag.

“We are talking almost a billion dollar nuclear bailout and basically it is a tax on consumers. It is going to force energy prices to be higher”, said Commonwealth of Pennsylvania CEO Nathan Benefield.

Some residents in Middletown where the plant is located are also worried about increases in their electric bill……. https://local21news.com/news/local/bailout-bill-proposed-for-three-mile-island-nuclear-plant

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March 10, 2019 - Posted by | business and costs, politics, USA

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