Heat Builds Against Advance Cost Recovery Rule for Nuclear Plants

In this mention

Opponents of Florida's advance cost recovery rule for nuclear plants announced support for a legal challenge by the Southern Alliance for Clean Energy to the statute's constitutionality before the Florida Supreme Court. State Senator Mike Fasano and others argue the law unfairly shifts construction risk to ratepayers rather than utility shareholders. Multiple municipalities have passed resolutions opposing the prepayment requirement for proposed nuclear plants.