Five years and more than $650 million into refurbishing and building nuclear reactors, Florida Power & Light officials told regulators Monday that it can’t guarantee what new reactors will cost consumers, when the reactors will deliver energy, or even if it will get a license to finish the job.
Despite the uncertainty, the state’s largest electric company asked regulators to allow it to continue to charge customers to pay for the prospective expansion of the Turkey Point plant on Biscayne Bay in south Miami-Dade County.
The monthly cost on every customer bill in 2014: 48 cents per 1,000 kilowatt hour on every customer bill, down from the $1.65 a month charged this year to pay for upgrades on the existing reactors.
The earliest conceivable date the project could generate power: 2022. Story here.