7/15/08

Utilities must be up front about the costs of nuclear power

Utilities must be up front about the costs of nuclear power -- OrlandoSentinel.com: "The Florida Legislature may have provided the biggest carrot. In 2006, it drastically reduced a utility's financial risk by allowing it to start passing the costs of a new nuclear plant on to its customers before construction even begins. And, if the power company decides to stop construction, customers are likely still on the hook for whatever money was spent up to the time the project is terminated."