Fla. High Court Affirms Nuclear Cost Recovery Act

Law360, Miami (May 2, 2013, 7:11 PM EDT) -- The Florida Supreme Court on Thursday affirmed the state's Nuclear Cost Recovery Act on the same day the legislature approved reforms curbing the controversial statute that allows utilities to raise rates for the construction of nuclear power plants.

The state's high court denied a challenge to the statute brought by the Southern Alliance for Clean Energy, saying the issue was an energy policy consideration better handled by the state legislature than the court.

“In so doing, we stress that 'it is not this court's function to...
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