| Online: | |
| Visits: | |
| Stories: |
Nuclear is Always Over Budget and Late On Schedule, South Carolina Screwed By Nuke
NUKE PRO: Exposing Truth
Anti-Nuclear Information and Resources, and Disaster Preparation Planning: http://nukeprofessional.blogspot.com/
The rate increases tied to the expense of the two new nuclear reactors have been:
2009: 1.5 percent
2010: 2.3 percent
2011: 2.4 percent
2012: 2.3 percent
2013: 2.87 percent
2014: 2.82 percent
2015: 2.8 percent (1)
(1) Requested, not approved
700,000 customers at $145 per month (residential, but based only 1000kWH and no other basis given by the spokesman) and lets say the commercial is equal in power consumption and cost to the residential, what kind of money are we talking about here?
$2.89 Billion! For Financing Only
Talk
The spokesman had the audacity to claim that charging the customers more will save them “billions”, lying nukist!
“These increases will occur whether the final project cost comes in above or below our initial forecast,” Boomhower said. “It’s about recovering financing costs, not construction costs. Recovering financing costs while construction is ongoing, as opposed to waiting until the project is complete, saves our customers billions of dollars over the life of the plant.”
Overall, SCE&G electricity rates have increased 27.7 percent since 2009, Boomhower said.
Source: http://nukeprofessional.blogspot.com/2015/06/nuclear-is-always-over-budget-and-late.html
