Florida customers of Duke Energy should expect to pay more next year for nuclear projects, even as the company reduces its planned nuclear footprint.
Meanwhile, Florida Power & Light, which has recently completed upgrades of two nuclear facilities, will lower the amount it collects for nuclear projects. For a homeowner who uses 1,000 kilowatt hours of power a month, that will save $1.17.
Still undecided about whether to repair or permanently shut down an idled nuclear-power plant, Progress Energy Florida faces the likelihood of eventually refunding up to $100 million to customers.
The refunds stem from a wide-ranging settlement agreement that Progress reached in early 2012 with representatives of consumers and business groups. Under that settlement, the utility would not have been subject to refunding money if it started repairs on the Crystal River nuclear plant by Dec. 31.