Thursday, May 6, 2010

Levy nuclear plant pushed back


The Progress Energy plant won't be online until at least 2021 now.

Published: Thursday, May 6, 2010 at 6:01 a.m.
Last Modified: Wednesday, May 5, 2010 at 11:22 p.m.
Progress Energy Florida is asking Florida regulators for permission to cut its customers' nuclear recovery costs next year by 21 percent, reducing the average nuclear cost of $6.99 per month on customer monthly bills down to $5.53. The reduction is part of Progress Energy's decision to postpone major construction on its proposed Levy County nuclear plant.

Company spokeswoman Cherie Jacobs said the company predicts the project, once slated to be online by 2016 and cost about $17 billion, will now be operational no sooner than 2021 at a cost ranging between $17.2 billion to $22.5 billion...