Florida Citizens Organizing to Repeal Advanced Nuclear Cost Recovery
  • 2013 Sour Orange Award Runner Up – Duke Energy Florida

    Posted on January 14th, 2014 Florida Citizens No comments
    Image from the Tampa Bay Times

    Image from the Tampa Bay Times

    The Tampa Bay Times has identified Duke Energy as the runner-up for the 2013 Sour Orange Award, which was given to the corporation that was most egregious in the gouging of Florida’s consumers. In the end, the award went to a flood insurance scheme that has increased rates for many homeowners, but the Times’ business columnist, Robert Trigaux, said it was a hard choice.

    “Many of Duke’s actions came at the direct expense of its own (and increasingly unhappy) base of Florida customers. In February, Duke decided to shutter its one and only nuclear power plant, broken since 2009, in Crystal River north of Tampa. This past week, Duke said it will take the next 60 years and spend $1.2 billion just to decommission the plant, leaving decades of spent radioactive fuel stored on site and under guard.

     

    In August, Duke finally canceled plans first unveiled more than six years earlier to build a nuclear power plant in Levy County.

     

    Residents of much of Tampa Bay and west-central Florida were forced to fund some of these ill-fated Duke projects. Thanks to a terribly misguided 2006 law passed in Tallahassee, Duke has charged its own customers higher rates for years to pay for construction of a nuclear power plant in Florida that would not have even begun operating until the mid 2020s. Duke also doesn’t need to return any money to its customers even now that its Levy plant is canceled.

     

    The price tag for Levy and Crystal River for Florida customers to receive not 1 new kilowatt of electricity? About $3 billion.”

    While Duke’s nuclear dealings in Florida, which they inherited from former Progress Energy Florida, are certainly worthy of this distinction, it is also noteworthy that Florida Power and Light (FPL) has also been bilking customers for new nuclear projects that likely have the same fate as Duke’s. They’ve collected over $366 million for the proposed two new Turkey Point reactors near Miami that are not likely to ever be built, especially in today’s reality, where the nuclear renaissance has been declared “stone cold dead.” We’re not sure if the Times has considered ever giving the award to a piece of legislation, but if they did, Florida’s “nuclear tax,” which made all these bad debacles possible would win, hands down.

  • Florida PSC hearings on nuclear tax last one day

    Posted on August 6th, 2013 Florida Citizens No comments

    nuclear money lobbyOn Monday the Florida Public Service Commission (PSC) held just one day of hearings regarding nuclear cost recovery fund requests by Florida Power and Light (FPL) and the recent decision by Duke Energy Florida to effectively cancel the plagued Levy nuclear project. It all made for an interesting day. In the end, Duke Energy got what it wanted, in the form of $108 million per year for the botched and now canceled Crystal River and Levy reactor projects, or an average of $5.62 per month per customer.

    So far, the PSC has approved over $1.3 billion in early cost recovery, including for new reactor projects that, as we’ve now seen with Duke, have a high risk of becoming infeasible almost overnight. But that isn’t stopping FPL from requesting millions of dollars more in advance from their customers for their proposed two new reactors at Turkey Point. Check out this Miami Herald article for more on FPL’s numbers game and to take part in a poll on whether or not FPL should reconsider its plans at Turkey Point.

    See below on how to voice your concerns over these shenanigans. The PSC will vote on various aspects of this continuing nuclear boondoggle in October.

    Submit public comment:

    Please reference Docket #130009 in all correspondence:

    • Toll Free Consumer Assistance Line: 1-800-342-3552
    • Toll Free Fax: 1-800-511-0809

    Contact the PSC:

    Contact the Commissioners directly for maximum impact:

  • Florida seniors oppose nuclear tax across party lines

    Posted on April 23rd, 2013 Florida Citizens No comments

    voters8to1plainTallahassee is awash in the debate regarding the controversial, anti-consumer “advanced nuclear cost recovery law.” Did you know that, according to a recent poll by the Florida AARP, a majority of seniors agreed that raising electric rates for new nuclear projects that may never be completed is bad business? Seniors are getting the worst end of this deal, with no guarantees that they will reap any benefits from their investments.

    When asked to consider the supporting and opposing reasons they heard regarding the law, most Floridians age 50 and older oppose it, with 44 percent saying they strongly oppose it and just 5 percent indicating strong support for the law. A clear 8 to 1 margin.

    Political party affiliation did not influence opposition to the anti-consumer legislation, with strong opposition expressed by 46% of Democrats, 43% of Republicans, and 41% of Independents. When given reasons to support the law, seniors had little change in their attitudes. However, more than half opposed the law “a lot more” after being given reasons to oppose. Overall, 44% of respondents strongly oppose this unfair practice. It is clear that seniors understand the ill-effects of this legislation.

    This week will be an important time in determining the fate of what has become to be known as Florida’s “nuclear tax,” with discussions and perhaps even votes happening on a Senate bill. Please stay tuned for updates from Tallahassee later this week. In the meantime, please take a moment to take action here courtesy of the folks at SACE.