Fla. Sens. Want Customers Repaid When Nuke Plants Stall

Law360, Miami (February 21, 2013, 6:17 PM EST) -- Four Florida state senators on Thursday announced a bill that would place curbs on the Nuclear Cost Recovery Act by forcing utilities to refund money billed to their customers for the building of nuclear power plants if construction isn't completed.

Sens. John Legg, R-Lutz; Jeff Brandes, R-St. Petersburg; Wilton Simpson, R-New Port Richey; and Jack Latvala, R-Melbourne said in a joint statement that they hope to amend the controversial statute that utilities have used to bill ratepayers for more than $1 billion to cover costs of...
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