Former PSC Commissioner Nancy Argenziano Criticizes Legislature for Not Repealing Nuclear Cost Recovery

05/10/13 Robert Lorei
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Good morning, welcome to Radioactivity. I’m Rob Lorei. Coming up we’ll talk with former Public Service Commissioner Nancy Argenziano. She’s one of the most outspoken people who ever served in state government.

The state legislature passed a bill during the session that gives the state’s Public Service Commission some power to limit electric companies from collecting the controversial nuclear cost recovery fee.

There had been calls for the legislature to repeal the nuclear cost recovery fee entirely.

The fee was passed in 2006 and it allows electric companies to charge – in advance for a nuclear power plant, even if the plant has not been approved and even if the plant is never completed.

The law now sitting on the governor’s desk keeps the fee in place and gives the Florida Public Service Commission some limited power to stop companies from collecting the fee.

Our guest Nancy Argenziano served in both the Florida House and Senate and ultimately was appointed to the Florida Public Service Commission in 2007 by then Governor Charlie Crist. She left the commission three years later. I asked Argenziano about the just-passed bill that would give the PSC some limited power to regulate the nuclear cost recovery fee.

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Nancy Argenziano on Facebook

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The North Carolina Supreme Court had an 'interesting ruling on Duke's rate hike, and threw it out. I thought the Legislature changed the law, but the Supreme Court handled the case. http://appellate.nccourts.org/opinions/?c=1&pdf=MjAxMy8yNjhBMTItMS5wZGY