Decommissioning trust funds ordered by PSC

Journal Article · Sat Mar 01 04:00:00 EST 1986 · Electr. Light Power; (United States)

OSTI ID:5862482

The Wisconsin public service commission ordered four electric utilities to set up external trust funds for decommissioning expenses instead of collecting the money from its ratepayers to offset current borrowing needs. The change is to assure that funds will be available when they are needed for the Point Beach 1 and 2 and the Kewaunee plants, which are due for relicensing and possible decommissioning in 2007 and 2008. The external fund will be available at a time when ratepayers will likely be paying for replacement power plants. Critics claim the order will cost utility customers $800 million over the next 23 years, and note that Wisconsin Electric Power Co. has a reputation for financial health. One area of concern is the treatment of funds already collected for decommissioning.

• OSTI ID: 5862482
• Journal Information: Electr. Light Power; (United States), Journal Name: Electr. Light Power; (United States) Vol. 64:3; ISSN ELLPA
• Country of Publication: United States
• Language: English

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