Coming to Your Electric Bill: Monthly Charge to Extend Diablo Canyon’s Life
Source: The Mercury News | By Teri Sforza
In something of an all-for-one, one-for-all move, customers of Southern California Edison and San Diego Gas & Electric are slated to kick in another $1.25 or so a month (Edison) and 87 cents a month (SDG&E) to extend the life of the aging Diablo Canyon Nuclear Power Plant, run by Pacific Gas & Electric (whose customers are slated to pay $2.07 a month). Worse is that, if PG&E collects more money than it needs for Diablo, it could keep it for projects in its area, while Southern Californians would get squat.
“The final budget deal with the Governor represents a total capitulation to PG&E and its shareholders,” Utility Reform Network attorney Matthew Freedman told the Sacramento Bee. “This $400 million will never be paid back to the general fund, forcing taxpayers to absorb the costs.”
