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Fasano warns NC gov and legislature not to make same nuke power mistake

Sen. Mike Fasano, R-New Port Richey, still so regrets his decision to allow Progress Energy and Florida Power & Light to charge customers for nuclear power plants before they're even built that he's sent a letter today to the governor of North Carolina and the North Carolina legislature, urging them not to make the same mistake.

"I voted for this legislation, which is similar to the provisions allowing construction work in progress in North Carolina Senate Bill 3, enacted in 2007, based on the information and analysis provided at that time,'' Fasano wrote in letters to the NC general assemby and Gov. Bev Purdue.  "However, as I became more aware of the law’s consequences to ratepayers, I changed my mind about the wisdom of such a policy.''

A month ago, Progress announced it will merge with North Carolina-based Duke Energy, which is likely behind the North Carolina bill. Fasano has no sympathy for Progress' new parent company either.

"I urge you to be thoughtful in your approach to any attempts to further solidify the ability of North Carolina’s electric utilities to pass on costs to their customers without adequate protection from you and the state utility commission,'' Fasano wrote. Download Fasano letter to NC Gov[1]