ST. PETERSBURG (970 WFLA/AP) -- There won't be a nuclear plant built to replace the dated and broken Crystal River plant. But Duke Energy won't be sending refund checks, either, to customers who were billed a billion and a half dollars to build it.
Duke says in a news release that delays by the federal Nuclear Regulatory Commission forced it to spike the plant. The Florida Legislature allowed utilities to bill customers to cover part of the cost of building a new plant, relieving shareholders of some of the burden. Duke won't be writing refund checks. It has agreed to keep a freeze on rates in place through 2018.
Duke says it's not closing the door on future nuclear plants in Florida.