Friday, August 5, 2011

Progress Energy customers could soon pay much more for Levy County nuclear plant - St. Petersburg Times

Ivan Penn
"In December 2006, Progress Energy announced plans to build the nuclear plant in Levy County on a 3,000-acre site about 8 miles north of the utility's Crystal River nuclear and coal energy complex. The utility has been charging ratepayers for the new nuclear plant since 2009.

Early estimates indicated the new nuclear plant would cost $4 to $6 billion with the first of two reactors scheduled to go online in 2016 and the second in 2018. The estimates now range from $17 billion to $22 billion and the projected start date is 2021 for the first reactor and 2023 for the second."

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