Regulators Delay San Onofre Settlement

By Published On: October 17, 2014

The California Public Utilities Commission again put off a refund for the shuttered San Onofre Nuclear Generating Station Oct. 16. A settlement over the facility, which stopped operating in 2012, yet which is still included in ratebase, was set to be increased by the commission Oct. 16 from an initial $94 million in an original proposed decision, to $1.3 billion. The settlement has been in the wind since it was first proffered March 27. According to sources in and out of the commission, neither the owners of the nuclear plant, Southern California Edison and San Diego Gas & Electric, nor stakeholders, were comfortable with the initial proposal. Some thought it wasn’t enough, others too much. Settlement negotiations are not public. The facility was shut down in January 2012 due to a radioactive steam generator leak. Edison permanently closed the plant in June 2013.

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