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Southern Alliance for Clean Energy (SACE)

Press Mention Associated Press November 7, 2012

SACE Quoted Web article

PSC staff recommends $292M nuclear pass-on in Fla.

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The Florida Public Service Commission staff recommended allowing utilities to bill customers $292 million for nuclear power plant construction and upgrades. SACE executive director Stephen Smith criticized the recommendation as prioritizing utility profits over consumer interests. The PSC is scheduled to vote on the proposal on November 26, 2012.

the recommendation puts power company profits ahead of consumers' best interests

Stephen A. Smith
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PSC staff recommends $292M nuclear pass-on in Fla.

Environmental group rips PSC staff recommendation for $292M nuclear pass-on to Fla. customers

Associated Press

8 November 2012

TALLAHASSEE, Fla. (AP) -- An environmental group is criticizing a Florida Public Service Commission staff recommendation to bill utility customers $292 million in costs related to future construction, expansion or upgrades of nuclear power plants.

Southern Alliance for Clean Energy's executive director Stephen Smith said Thursday that the recommendation puts power company profits ahead of consumers' best interests.

PSC staffers are proposing nuclear cost recovery charges next year of more than $150 million for Florida Power & Light Co. and $142 million for Progress Energy Florida. Florida Power is a unit of NextEra Energy Inc. and Progress Energy Florida is part of Duke Energy Corp.

The commission is to make a decision on Nov. 26.

State law permits annually billing customers for planned nuclear projects regardless of whether those plans are ever carried out. Utilities cannot bill customers for other kinds of power plants until they are operational.