Fla. Supreme Court rejects challenge to cost recovery law

Southern Alliance for Clean Energy's lawsuit challenging a 2006 law that allows Florida utilities to obtain from their customers future nuclear plant construction costs was dismissed by the Florida Supreme Court. "Authorizing recovery of preconstruction costs through customer rates in order to promote utility company investment in new nuclear power plants, even though those plants might never be built, is a policy decision for the Legislature, not this court," the court ruled.

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Orlando Sentinel (Fla.) (tiered subscription model)

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