NARUC: Court Decision Zeroing Out Nuclear-Waste Fund ‘Great News’ For Consumers

The National Association of Regulatory Utility Commissioners issued the following statement after the U.S. Court of Appeals for the District of Columbia Circuit granted our request that the Department of Energy suspend collection of the Nuclear Waste Fund fees:

 

“Today’s decision from the court is great news for consumers of nuclear power. Nuclear utilities and their consumers have paid more than $30 billion since the early 1980s for the construction of a nuclear-waste repository. These consumers have upheld their end of the deal, but unfortunately all they have to show for their investment is a hole in the Nevada desert. Putting aside the political dispute about the proposed Yucca Mountain facility, nuclear-power ratepayers should not be charged for a program the federal government has closed down. Thankfully, because of today’s actions, nuclear-power consumers will no longer have to pay for the government’s mishandling of this program.”

–NARUC Executive Director Charles Gray