/r/WorldNews Live Thread: Russian Invasion of Ukraine Day 123, Part 1 (Thread #263)

The full decommissioning cost was not included in the operating budget.

To date, customers across Southern California have paid approximately $1 billion of the $4.2 billion in what’s known as a decommissioning fund.

There’s still billions of dollars in funding that has not yet been collected nor included in any sort of operating budget. It gets worse though.

The $3.3 billion customers will pay over 10 years is actually meant to cover the profit Edison and minority owner San Diego Gas & Electric would have made from San Onofre had it remained open.

This is why solar panels are flying off shelves yet no one wants to build a nuclear power plant. They are unprofitable money pits.

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