SAN ONOFRE (AP) — The Southern California utility that oversaw a nuclear plant that was shut down has reached a settlement with attorneys representing consumers who felt they were footing too much of the bill for the closure.
The settlement announced Tuesday night by Southern California Edison saves its customers $775 million through early 2022. That’s about $68 per residential customer over four years.
The deal revises an agreement approved in 2014 by state regulators on the closure of the San Onofre nuclear plant that said customers would pay $3.3 billion of the $4.7 billion in estimated costs from the closure.
San Diego law firm Aguirre & Severson filed a lawsuit on behalf of the utility’s customers after that agreement.
The twin-domed seaside plant between Los Angeles and San Diego was closed in 2012 after the discovery of extensive damage to tubes inside its steam generators. It closed for good in 2013.
(© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast rewritten or redistributed.)