Progress Energy nuclear project to take longer, cost more

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Progress Energy announced that its controversial Levy County nuclear project will not produce electricity until 2024 and will cost between $19 billion and $24 billion, significantly exceeding earlier estimates. Sara Barczak of the Southern Alliance for Clean Energy criticized the project, stating the organization is shocked it is being considered and rejected Progress's arguments that it is cost-effective. The Southern Alliance for Clean Energy has challenged the constitutionality of the 2006 state law that allows utilities to collect nuclear-project costs from customers years before the reactors begin operating.