LOS ANGELES (AP) — California regulators should immediately slash hundreds of millions of dollars from utility customer bills because the San Onofre nuclear power plant is being shut down permanently, a consumer advocate said Monday.
In a motion filed with the Public Utilities Commission, the state Division of Ratepayer Advocates argued that it's unfair to charge customers for a plant that does not, and never will again, generate electricity.
The twin-reactor San Onofre plant "has ceased power operation but continues to generate a full rate of return on its investment through its customer rates," the motion said. "To allow this scenario to continue would be to allow charges that are unjust and unreasonable."
The motion said operator Southern California Edison should give up about $600 million in rates, and minority owner San Diego Gas & Electric should chop about $185 million from bills.
However, the motion says some of those funds could be retained for security and plant safety.
SCE corporate parent Edison International announced this month it will close the plant for good after a long and costly fight over safety.