Oct 25, 2012 3:42 AM by Associated Press

Financial probe may await damaged CA nuke plant

IRVINE, Calif. (AP) - The California Public Utilities Commission plans to vote on whether to open a financial probe into rising costs tied to the damaged San Onofre nuclear power plant.

The Commission will meet Thursday in Irvine to determine whether to order an investigation into the causes of the outages and who should pay for the long-running shutdown.

So far, the bill has reached at least $165 million for repairs, inspection and replacement electricity for the California plant with crippled steam generators that hasn't produced power since Jan .31.

It's not clear when, or if, the twin reactors will return to service.

The commission determines how much utilities can charge homeowners and businesses for electricity.

The plant is owned by Southern California Edison, San Diego Gas & Electric and the city of Riverside.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)



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