Florida PSC begins hearing on nuclear plant costs - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Florida PSC begins hearing on nuclear plant costs

TALLAHASSEE, FL (AP) - State regulators are looking into whether Florida's two largest power companies should be able to keep passing on future nuclear power plant costs to customers.

The Public Service Commission began a hearing Wednesday. It is expected to continue through next week with a decision set for late October.

Consumer advocates have raised several questions about the charges.

One is when, if ever, Florida Power & Light Co. and Progress Energy Florida will build the plants.

They're also asking how much the plants will cost and if there may be less expensive ways to meet Florida's future power needs.

FLP wants to charge customers $196 million next year for upgrading two reactors and two new ones.

Progress is looking for $135 million for a new plant in Levy County.

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