Renewables

Energy
1:22 pm
Tue February 5, 2013

FPL President Says Controversial Nuclear Fee Has Been Good For Jobs And The Economy

Florida Power and Light President Eric Silagy
Credit http://www.nexteraenergy.com/company/bio8.shtml

Phil Latzman's interview with FPL president Eric Silagy.

Florida Power and Light is the state's largest utility serving roughly 4.6 million customers.

Since 2006, FPL customers have been paying what's called a "Nuclear Cost Recovery Fee," which enables the utility to charge in advance for future costs of building and improving nuclear power plants.

Since then, about $320 million has been raised to add 525 megawatts of new power to Turkey Point in South Miami-Dade.  

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