SAN FRANCISCO (AP) — California regulators are re-opening a settlement that left consumers responsible for paying $3.3 billion in costs for closing the San Onofre nuclear power plant.
The Public Utilities Commission on Monday said parties involved in the 2014 agreement can submit new comments on whether the deal should be amended or is still reasonable and in the public interest.READ MORE: COVID-19 Related Hospitalizations Continue To Drop In Los Angeles County
That follows revelations that the plant’s primary owner, Southern California Edison, spoke privately with a PUC president before the agreement was reached. Edison was fined $16.7 million last year for failing to disclose the talks.READ MORE: Joshua Wells, 29, Arrested In Connection To Double Murder Of Long Beach Couple Over Alleged Parking Dispute
Edison says it still believes the agreement is in the public interest.
The deal allotted $3.3 billion in closure costs to ratepayers and $1.4 billion to shareholders of Edison and San Diego Gas & Electric.MORE NEWS: SpaceX Inspiration4, With All-Civilian Crew, Splashed Down In Atlantic Ocean Saturday After Historic 3 Day Mission
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