Florida plans 4 more nuclear reactors and more price hikes!

Domiciled in Florida and your electric bills already too high?
Guess what? Your bills are being hiked yet again, this time it is to pay for four more nuclear reactors with their dangerous nuclear waste on your Florida coasts and in your back yard.

http://www.reuters.com/article/2011/10/24/utilities-nuclear-florida-idUSN1E79N1ZV20111024
Mon Oct 24, 2011 7:27pm EDT

HOUSTON, Oct 24 (Reuters) – Florida electric regulators on Monday approved requests from the state’s two largest utilities to charge customers more than $280 million next year for work to develop four proposed nuclear reactors and to expand output at two existing plants.

Florida is one of a handful of U.S. states in which laws were passed in the mid 2000s to revive the stagnant nuclear industry by offering utilities incentives to reduce the risk of building costly new reactors which take years to site, license and construct.

The laws typically allow utilities to charge customers for certain project-related costs during the development and construction years in order to reduce long-term project financing costs.

The Florida Public Service Commission approved NextEra Energy’s Florida Power & Light’s full request to recover slightly more than $196 million from customers next year.

Commissioners also agreed to allow Progress Energy’s Florida utility to recover nearly $86 million next year for costs associated with a plan to build two new 2,200-MW reactors in Levy County, Florida.

FP&L’s amount includes costs related to the proposed 2,200-megawatt Turkey Point Units 6 and 7 and costs to add 450 MW of capacity at existing reactors at FP&L’s Turkey Point and St. Lucie nuclear stations.

That’s up from only about $31 million approved for recovery in 2011 after a protracted dispute between the commission and the state’s largest utility which has more than 4 million customers.

An FP&L spokesman said 90 percent of the funds requested for 2012 will pay for work to increase output at FP&L’s existing reactors. About 29 MW is already in service with work to add the remaining 400 MW set for completion in 2013.

Commercial operation of the new Turkey Point reactors, expected to cost between $12 billion and $18 billion, has been delayed about four years until 2022 and 2023 after FP&L said growth in power consumption slowed in the state during the economic recession.

Progress Energy Florida initially sought $140.9 million, but the commission reduced that amount by more than $50 million under a 2009 plan deferring some early Levy costs due to the state’s worsening economy.

The proposed Levy County reactors, expected to cost about $20 billion, were originally set to begin operating in the 2016-17 time frame, but Progress delayed the timeline until at least 2020.

“We’re pleased the commission confirmed our plan to make state-of-the-art nuclear power available to our customers in the state of Florida,” Progress spokeswoman Suzanne Grant said.

Progress Energy’s 1.7 million Florida customers will pay about $2.93 per month for the first 1,000 kilowatt-hours of electricity for early Levy costs, down from more than $5 a month this year.

FPL customers will pay about $2.20 per month for the first 1,000 kwh used.

The Florida Legislature passed a law in 2006 to encourage development of new nuclear plants and the PSC adopted a rule to evaluate project-related costs each year. The nuclear-related charges were added to customer bills beginning in 2009.

About

Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Freedom-Expressed
One comment on “Florida plans 4 more nuclear reactors and more price hikes!

Please Contribute a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 373 other followers

The Worldwide Awakening
Peaceful Awareness & Knowledge Based TransitionSeptember 11th, 2017
Exercise freedom and creativity for all Earth’s inhabitants to explore ready breakthroughs in Self Organizing Communities, economics, and technology. This is a D.I.Y. project
State Sponsored Terror
The Big Day ReportMarch 30th, 2018
Institutions of crime Big days have come, gone, and come again (Manipulations: Market Exchanges crash, wars, government Elections, and Taxation). Search for what is hidden and for what is not spoken. What secrets are hidden in Antarctica? Be Aware of the next big Day for fraudulent institutions.
RonMamita
Peace Today

Peace Today

RonMamita’s Blog
October 2011
S M T W T F S
« Sep   Nov »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
All posts here
Whole-Community
Audio coming soon!
%d bloggers like this: