NRC decision delays Levy County nuclear plant

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Later construction means lower bills for customers

By Lou Elliott Jones, Editor

Bad news for those in Levy County who were counting on construction of a $17 billion nuclear plant near Inglis: the Nuclear Regulatory Commission has put a kink in construction plans and delayed the start by 20 months.

The good news is that customers will see lower bills for 2010 as Progress Energy, which has proposed building two nuclear generation units about 2 miles from Inglis. The company told the state Public Service Commission it would not need half as much money as previously planned for “cost-recovery” for the construction.

The NRC’s denial of a limited work authorization to allow excavation and foundation prep at the plant site while the plant’s license application is under review is expected to delay construction of the facility by 20 months.

The shift in the construction schedule will move the power production dates back by at least 20 months beyond the original 2016 date, according to a press release.

The company expects to receive the Combined Operating License for the Levy plant in late 2011 or early 2012.

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