Consumers, developers stand to benefit from cost-recovery programs

04/27/2012 | Gazette (Cedar Rapids-Marion, Iowa), The

Cost-recovery programs play a key role in the development of new nuclear facilities, writes Jim Sullivan, former president of the National Association of Regulatory Utility Commissioners and a former chairman of the Alabama Public Service Commission. A bill being tackled by Iowa lawmakers contains such a provision, which would allow utilities to recoup from customers the financing costs for a project while it is being developed. A utility avoids paying "interest on interest" by doing so, Sullivan writes.

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Gazette (Cedar Rapids-Marion, Iowa), The

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