SD utility asks public to pay $808M for nuke plant - San Diego, California News Station - KFMB Channel 8 - cbs8.com

SD utility asks public to pay $808M for nuke plant

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SAN DIEGO (AP) — The San Diego power utility that co-owns a recently shuttered nuclear power plant wants to recover its investments by collecting more than $800 million from customers.

The California Public Utilities Commission is evaluating the request from San Diego Gas & Electric, which owns a 20 percent stake in the San Onofre power plant on Southern California's coast.

San Onofre was initially shut down in 2012 after a small radiation leak led to the discovery of heavily damaged tubing in its virtually new steam generators. The plant was formally retired in June.

U-T San Diego reports (http://bit.ly/166TT0w ) that state regulators plan to consider whether it is reasonable for customers to pay for breaking down a plant that no longer produces power.

A spokeswoman for the utility says it can shift funds so that customer rates would rise.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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