{"id":308876,"date":"2010-02-11T14:56:32","date_gmt":"2010-02-11T19:56:32","guid":{"rendered":"tag:www.southernstudies.org,2010:\/\/5.12137"},"modified":"2010-02-17T10:54:28","modified_gmt":"2010-02-17T15:54:28","slug":"progress-energy-florida-sued-over-nuclear-plant-financing-scheme","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/308876","title":{"rendered":"Progress Energy Florida sued over nuclear plant financing scheme"},"content":{"rendered":"<p>        Progress Energy is facing a lawsuit over its requirement that customers pay in advance for a planned new nuclear plant on Florida&#8217; s Gulf Coast. The suit was filed on behalf of the nonprofit group <a href=\"http:\/\/citizensforratepayerrights.com\/\">Citizens for Ratepayer Rights<\/a>.<\/p>\n<p><a class=\"a2a_dd\" href=\"http:\/\/www.addtoany.com\/share_save?linkname=&amp;linkurl=http%3A%2F%2Fwww.southernstudies.org%2F2010%2F02%2Fprogress-energy-florida-sued-over-nuclear-plant-financing-scheme.html\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/static.addtoany.com\/buttons\/share_save_171_16.png\" width=\"171\" height=\"16\" border=\"0\" alt=\"Share\/Bookmark\"\/><\/a><script type=\"text\/javascript\">a2a_linkurl=\"http:\/\/www.southernstudies.org\/2010\/02\/progress-energy-florida-sued-over-nuclear-plant-financing-scheme.html\";<\/script><script type=\"text\/javascript\" src=\"http:\/\/static.addtoany.com\/menu\/page.js\"><\/script><\/p>\n<p>&#8220;We tried everything to get someone to listen &#8212; the Governor, House, Senate, [Public Service Commission], Attorney General &#8212; anyone that would help stop the madness of allowing $17 billion to be collected by Progress with no requirement that any service be provided nor the nuclear plant even be built at all,&#8221; said Suzan Franks, the group&#8217;s founder. &#8220;We hope the courts will see this for what it is &#8212; a privilege and lending of the state&#8217;s taxing power to a private corporation, which is prohibited under the state Constitution.&#8221;<\/p>\n<p>First proposed by the company in 2006, the Levy County plant would include two nuclear reactors. The chosen site is close to Progress Energy&#8217;s existing Crystal River Energy Complex.<\/p>\n<p>In October 2008, the Florida PSC voted to allow Progress Energy to charge its customers an additional $11.42 per 1,000 kilowatt-hours to pay for the Levy County facility, the cost of which has been estimated at around $14 billion, plus $3 billion for needed power transmission upgrades. The state certified the site last August with the requirement that the company shut down two coal-fired units at Crystal River.<\/p>\n<p>The company is planning to install at the Levy County site two Westinghouse AP1000 reactors &#8212; the design for which <a href=\"http:\/\/www.southernstudies.org\/2009\/11\/nuclear-companies-face-reactor-design-problems-ethics-questions.html\">still has not been approved<\/a> by the U.S. Nuclear Regulatory Commission due to safety concerns. The Shaw Group&#8217;s nuclear division has the contract to build the reactors, which are supposed to be operational by around 2020. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Progress Energy is facing a lawsuit over its requirement that customers pay in advance for a planned new nuclear plant on Florida&#8217; s Gulf Coast. The suit was filed on behalf of the nonprofit group Citizens for Ratepayer Rights. &#8220;We tried everything to get someone to listen &#8212; the Governor, House, Senate, [Public Service Commission], [&hellip;]<\/p>\n","protected":false},"author":4085,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-308876","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/308876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4085"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=308876"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/308876\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=308876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=308876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=308876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}