Comments on: Nuclear Plant Bill Riles, Confuses, Perhaps Conspires https://gregladen.com/blog/2018/04/03/nuclear-plant-bill-riles-confuses-perhaps-conspires/ Wed, 04 Apr 2018 01:23:07 +0000 hourly 1 https://wordpress.org/?v=6.4.6 By: Doug Alder https://gregladen.com/blog/2018/04/03/nuclear-plant-bill-riles-confuses-perhaps-conspires/#comment-578967 Wed, 04 Apr 2018 01:23:07 +0000 https://gregladen.com/blog/?p=29506#comment-578967 Greg I think all that’s needed to come to the conclusion this is a giant FU to the rate payers is that it’s them that will get stuck paying for the overages and the PUC can’t prevent it. That is pretty much a guarantee that Xcel will max that credit card out and share the dividends with their shareholders.

]]> By: RickA https://gregladen.com/blog/2018/04/03/nuclear-plant-bill-riles-confuses-perhaps-conspires/#comment-578868 Tue, 03 Apr 2018 15:52:25 +0000 https://gregladen.com/blog/?p=29506#comment-578868 Xcel is very heavily regulated. To the point where its profits are even regulated, along with the rate it can charge customers. It has to return excess profits to its customers.

So it is a for profit company – but a heavily regulated for profit company.

I hope we keep our nuclear power plants repaired and at full operating capacity for as long as possible, because we need that 20% baseload capacity in Minnesota.

I am not aware of whether this bill will help or hurt that objective, so thanks for bringing this bill to my attention.

I will have to educate myself (as Al Gore once said).

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