Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, September 21, 2010

Bill to fix Progress’ Florida nuke plant at $250M, rising Read more: Bill to fix Progress’ Florida nuke plant at $250M, rising - Triangle Business Journal

Costs to repair Fla. nuclear plant still covered by insurance
Replacement-power purchases and repairs at the Crystal River nuclear plant in Florida have cost Progress Energy about $250 million so far. The company's insurance policy shoulders expenses of as much as $480 million, and "we do not expect to reach that," said spokesman Mike Hughes. Progress' ratepayers could pay for costs not covered by insurance, Hughes added. American City Business Journals/Raleigh/Durham, N.C.http://www.bizjournals.com/triangle/stories/2010/09/20/story11.html?b=1284955200^3957501&s=industry&i=energy#ixzz106bDQobp
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