Florida trying to undo nuclear plant financing

[bananas]

http://www.ajc.com/services/content/metro/stories/2009/02/23/nuke_states.html

Updated: 10:08 p.m. February 23, 2009
Florida trying to undo nuclear plant financing
Georgia lawmakers weigh similar bill this week

By MARGARET NEWKIRK

The Atlanta Journal-Constitution

Monday, February 23, 2009

As Georgia lawmakers push forward with a nuclear financing bill this week, their counterparts in Florida are scrambling to undo a similar measure approved three years ago.

In the past two weeks, Florida Republicans, including the state Senate president pro tem, drafted two bills aimed at a 2006 law requiring power customers to pay early for new nuclear reactors.

The bills are a reaction to public outrage, after those nuclear fees had an unexpectedly expensive and politically disastrous debut this winter.

One power company’s customers saw already spiking bills go up an extra 11 percent due to the nuclear fee.

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[bananas]

1. Rethinking Nuclear Power

http://www2.tbo.com/content/2009/feb/21/bz-rethinking-nuclear-power/

Rethinking Nuclear Power

By RUSSELL RAY

Published: February 21, 2009

When Progress Energy announced plans more than two years ago to build a nuclear plant in Levy County, the project met little resistance.

Electric bills were a lot lower, the utility's customer base was still growing and the Legislature had just passed a nuclear-friendly law to encourage construction.

Then it came: An economic recession led by a surge in housing foreclosures, a collapse of the banking industry and the loss of millions of jobs. For the first time in memory, Progress Energy began losing customers in Florida.

Last month, homeowners and businesses began receiving the tab for Progress Energy's nuclear plant. The consumer outrage has led lawmakers to call for changes. Suddenly, Florida's appetite for an expensive nuclear plant has diminished.

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[Systematic Chaos]

2. One more reason to laugh when the whole state ends up under water.

n/t

[madokie]

3. Yikes, 11 percent on a come

I'd be pissed too. We'll get to energy independence without Nuclear power being any more part of it than it already is. Too many questions and too much money needed.


for the most part I'm posting to kick the thread

[phantom power]

4. I wonder what new energy source they think will not raise their rates.

Besides coal, of course.

[bananas]

5. Efficiency, wind, solar would be cheaper.

This isn't a one-time increase, it gets bigger every year, they tried to phase it in gradually so people wouldn't notice.
http://climateprogress.org/2009/01/05/study-cost-risks-new-nuclear-power-plants/