CPUC Adjusts San Onofre Settlement

The California Public Utilities Commission (CPUC) yesterday (July 26) made an adjustment to an agreement where ratepayers would pay $3.3 billion, or 70 percent, of the $4.7 billion decommissioning costs of the shuttering of the San Onofre nuclear plant. Subsequent lawsuits and events showed clearly that the closing of the plant was caused by management mistakes. 

Yesterday’s meeting trimmed only $750 million from ratepayer costs.