SACE Challenges Florida Nuclear Power Tax

In December of 2011, SACE filed an appeal with the Florida State Supreme Court challenging the Florida Public Service Commission’s (PSC) November 2011 decision regarding “nuclear cost recovery” for Progress Energy (PEF) and Florida Power & Light (FPL). The PSC approved a combined $282 million for those two utilities, bringing the total to more than [...]

Pay now for what you might get later

Last Wednesday, the St. Petersburg Times recognized the “Powerful Savings” available to Florida by investing in conservation. Yet the chief obstacle to conservation remains Florida’s commitment to overinvest in nuclear power. Even if the utilities had not biased their efficiency analysis with nonsensical limitations, their assumption that unlicensed nuclear reactors would be built on schedule [...]