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View Diary: Duke Energy wants to shift cost of closing coal ash ponds to customers (19 comments)

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  •  here's the fun part--under "nuclear cost recovery" (2+ / 0-)
    Recommended by:
    cany, Tinfoil Hat

    laws, Duke has not only already been charging its customers for those nukes it will never build----but those charges already contained Duke's 10% "guaranteed return on investment".

    So not only did Duke not pay a dime for its nukes, but it got a 10% profit for not building them.

    In the end, reality always wins.

    by Lenny Flank on Sat Mar 08, 2014 at 09:10:14 AM PST

    [ Parent ]

    •  Sweet deal. Are there ANY consumer (1+ / 0-)
      Recommended by:
      Calamity Jean

      agencies that could turn that ship around and make Duke repay ratepayers?

      This is just SO wrong.

      The only hawk I like is the kind that has feathers.

      by cany on Sat Mar 08, 2014 at 11:08:05 AM PST

      [ Parent ]

      •  there is the Florida Public Service Commission (1+ / 0-)
        Recommended by:
        Tinfoil Hat

        which is quite literally owned by the electric companies. Before Duke bought Progress Energy, the PSC was known as the "Progress Service Commission".

        It is no coincidence that the three large electric companies in Florida are also the three largest campaign contributors in state legislature elections.

        In the end, reality always wins.

        by Lenny Flank on Sat Mar 08, 2014 at 03:44:10 PM PST

        [ Parent ]

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