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CPUC Approves $722.6 million Rate Hike For 2025 To Keep The Diablo Canyon Nuclear Plant Open – California Globe

Summary by California Globe
In a 4-1 vote on Thursday, the California Public Utilities Commission approved $722.6 million in additional ratepayer costs to pay for extended operations at both units of the Diablo Canyon Nuclear Power Plant through the end of 2025 – a final part of the needed funding to keep the plant itself open through 2030. The debate over extending the life of the Diablo Canyon Plant has been ongoing since 2018, when concerns over earthquakes, nuclear was…
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