Fla. utilities criticize efforts to amend nuclear law

03/27/2013 | SNL Financial (free content)

Efforts by Florida state senators to amend a 2006 law that allows utilities to recover nuclear plant development costs from their customers were criticized by Progress Energy Florida and Florida Power & Light. "Florida's nuclear cost recovery system made it possible to retrofit our existing nuclear plants, which injected billions into the state's economy, created thousands of good-paying jobs and will save our customers billions of dollars in fuel costs," said FPL spokesman Erik Hofmeyer.

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