LA Times: PG&E is overcharging Californians to keep Diablo Canyon open, report alleges

"...A new report alleges Pacific Gas & Electric inflated costs when it requested a loan for Diablo Canyon, potentially creating a $685.6-million cost to taxpayers if lawmakers don’t intervene.
If ratepayer fees for Diablo Canyon were eliminated from 2027-30, experts say, California utility customers could save an estimated $1.84 billion in controversial subsidies...."

(PAYWALL)
https://www.latimes.com/environment/story/2026-04-07/pge-overcharging-diablo-canyon-report

#nukes #diablocanyon #powergrid #grid

PG&E overcharging Californians to keep Diablo Canyon open, report says

Eliminating fees for Diablo Canyon from 2027 to 2030 could save utility customers an estimated $1.84 billion.

Los Angeles Times
@ai6yr
Remember when nuclear power was advertised as being too cheap to meter? Jimmy remembers.

@Dougfir @ai6yr it's normal for the UK to generate more power from wind alone over night to power every home (about 40% of all needed) and sometimes lots more with more wind and solar going in every week yet successive governments have locked us into long term expensive nuclear contracts including a brand new reactor we should be planning to never need

Imagine if that money went into saving loses instead of new generation.

Better is possible.