Sacramento makes ratepayers Fund Closing of Power Plant/Higher Energy Costs’

Nuclear power is cheap and efficient.  Solar is expensive, unreliable and promoted by greedy corporations and hack politicians.  Now they want the ratepayers to finance the almost $4 billon it will take to close down a stable, needed source of energy—with NO replacement.

PG&E energy bills will see a small increase next year as the utility company implements a rate hike to help pay for the decommissioning of the Diablo Canyon nuclear power plant in San Luis Obispo County.

On Thursday, PG&E announced that the California Public Utilities Commission had approved the $3.9 billion estimated cost to safely decommission Diablo Canyon beginning in 2025, along with the company’s plan to seek a rate increase to help pay for the shutdown.

Who pays for the higher costs of energy—the ratepayers.  Who lose with the brownouts and blackouts—the ratepayers.  Just another reason to leave the Fascist State of California.

PG&E Rate Hike Approved to Pay for Diablo Canyon Power Plant Shutdown

California Public Utilities Commission OKs January increase in customer bills to help fund decommissioning of San Luis Obispo County nuclear facility

By Kaytlyn Leslie, San Luis Obispo Tribune, 9/11/21  

PG&E energy bills will see a small increase next year as the utility company implements a rate hike to help pay for the decommissioning of the Diablo Canyon nuclear power plant in San Luis Obispo County.

On Thursday, PG&E announced that the California Public Utilities Commission had approved the $3.9 billion estimated cost to safely decommission Diablo Canyon beginning in 2025, along with the company’s plan to seek a rate increase to help pay for the shutdown.

“At the end of the operating licenses, we are committed to safely decommissioning Diablo Canyon in a fashion that is consistent not only with all laws and regulations, but also is respectful of the environment and reflects the input of our neighboring communities,” Jim Welsch, PG&E’s senior vice president, generation and chief nuclear officer, said in a news release.

“Today’s decision will help us achieve those goals and deliver on PG&E’s purpose of serving our planet and delivering for our hometowns.”

Every three years, PG&E submits a Nuclear Decommissioning Cost Triennial Proceeding to the CPUC, which includes an estimated cost for safely shutting down the plant and how much money the utility company has on hand to pay for decommissioning.

This year’s $3.9 billion cost estimate is based on a comprehensive, site-specific decommissioning analysis and reflects input from interested parties and stakeholders, including The Utility Reform Network, the CPUC’s Public Advocates Office, Alliance for Nuclear Responsibility, the County of San Luis Obispo, Women’s Energy Matters and yak titʸu titʸu yak tiłhini Northern Chumash Cultural Preservation Kinship, according to the news release.

Along with the cost estimate, the CPUC approved PG&E to collect approximately $900 million from customers to fully fund the decommissioning.

This means customers will start to see an increase in their bills in January.

The amount will vary, but for the average customer with a monthly usage of 500 kilowatt-hours, the increase would be approximately $0.59 cents per month, according to PG&E.

The temporary rate increase would last eight years, PG&E says.

About Stephen Frank

Stephen Frank is the publisher and editor of California Political News and Views. He speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows. He is a fulltime political consultant.

Comments

  1. The liberals are scared to death that the plant might be used for something beneficial that they DEMAND the plant be removed ASAP. Why don’t they do a feasibility study to turn it into a water desalination plant? They will not consider thinking about an alternate use. They know as soon as it’s gone we will have massive brown outs. When that happens the people might want to put it back into use because of emergency requirements. Can’t do that. Where is all the electricity coming from to charge all the electric cars demanded by the left wing eco nuts. It’s all about control of energy so the price will rise and people are controlled.

  2. Turning to solar and wind because of an unnatural fear of global warming ( The globe has been heating and cooling for eons, it’s called weather patterns and it’s normal) In California the power companies are having trouble with the amount of electricity they have to provide for all of the people ( read VOTERS ) that the Democrats are welcoming with open arms. It’s about the money. If it wasn’t it would be much cheaper to install solar on peoples homes than to buy expensive land and build solar and wind farms on it. By installing solar on peoples homes you save three ways. (1) Power companies don’t have to build more production (very expensive) (2) On sunny days people are producing their own energy.(3) Charge the people receiving the solar power 50% of the last electric bill they received before solar, until the cost of their solar is paid for. Get the Federal Government to finance it, they seem to have plenty of money lately. And while you’re at it , put one of the peoples paid for whiz kids on the water problem. If anyone needs Desal plants it’s Californians. WHAT WE REALLY NEED IS MANAGERS..

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