Proposed Levy nuclear plant could have joint owners

By Pat Faherty

Special to the Citizen

When its retirement came, the Crystal River nuclear plant had 10 owners, with Duke Energy the majority holder. A similar arrangement could be used for the planned Levy County nuclear plant.

Having a share of the Crystal River nuclear plant, even as small as the .04 percent owned by the city of Bushnell, carried an obligation to maintain a decommissioning trust fund, according to the participation agreement.

Just as multiple smaller partners were included in the ownership of CR3, as the now-closed nuclear plant is known, a similar joint ownership has been considered for the Levy plant. That project has an estimated cost of between $19 billion and $24 billion and has a tentative in-service date of 2024 for the first unit, with the second unit following 18 months later.

Early in planning for the proposed Levy plant, Progress Energy Florida estimated decommissioning costs at $747 million. 

If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Chiefland Citizen, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:
Street Address:	(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Chiefland Citizen and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:

Create a limited access account.
Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.

Chiefland Citizen | circulation@chieflandcitizen.com | 352-493-4796
624 W Park Avenue, Chiefland, FL 32626
Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday