Customers Could Pay $2.5 Billion for Nuclear Plants That Never Get Built
- Only two of 18 plants proposed since 2007 under construction
- At least seven states allow billing before building starts
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U.S. electricity consumers could end up paying more than $2.5 billion for nuclear plants that never get built.
Utilities including Duke Energy Corp., Dominion Resources Inc. and NextEra Energy Inc. are being allowed by regulators to charge $1.7 billion for reactors that exist only on paper, according to company disclosures and regulatory filings. Duke and Dominion could seek approval to have ratepayers pony up at least another $839 million, the filings show.