Outlet
2 mentions for outlet: MarketWatch / PRNewswire
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“The decision of the Florida legislature to reform advanced cost recovery underscores the concerns we have expressed about the excessive cost and risk shifted to ratepayers. Lawmakers in both the House and Senate have now recognized the flawed policy that charges consumers in advance for risky and expensive new nuclear reactors”
“It is sad that the PSC appears willing to let the power companies unfairly tax Florida families and businesses on an increasingly weak assumption they will build new nuclear reactors sometime next decade. While this is a great deal for Progress Energy and FPL's shareholders and executives, it is horrible for Florida consumers and businesses. We believe that this law gives entirely too much discretion to the PSC, which has been arbitrarily approving everything the utilities have asked for each year. Therefore, we are asking the Florida State Supreme Court to protect consumers against this nuclear power tax scam by declaring the law unconstitutional.”
