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PSC Continues Progress Energy Nuclear Plant Rate

By: Associated Press
By: Associated Press

Tallahasseem FL (AP) - The Public Service Commission has
agreed to let Progress Energy continue billing customers, although
at a slightly lower rate, for a nuclear power plant that may never
be built.
The commission Tuesday unanimously approved a new rate of $5.53
for 1,000 kilowatt hours per month, which is about average for a
small home. That's a $1.42 reduction.
Consumer advocates had urged the commission to discontinue the
fee until the company, which serves central and north Florida,
decides whether to build the Levy County plant.
A Progress spokeswoman says no decision will be made until the
company gets a federal license, which is expected in late 2012.
The fee also covers upgrades to an existing plant at Crystal
River.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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