Proposal To Keep Ginna Open & Impose A Surcharge On Ratepayers
There's a tentative agreement involving RG&E and Exelon, the owner of the Ginna nuclear power plant in Wayne County that would keep that plant open at least another 18 months.
The arrangement would result in a surcharge of about $2.20 per month for the average customer.
That increase is less than what was originally proposed. The subsidy for the plant would end in March of 2017.
Commercial and industrial customers would pay anywhere from 1.5 percent to 9.1 percent more.
The PSC and the Federal Energy Regulatory Commission must still approve the final deal, after a public review.
The proposal for the subsidy first came up a couple of years ago when Exelon said that Ginna was no longer profitable and might close. Nuclear facilities around the country have been trying to compete against natural gas power plants, which are cheaper to operate.
Ginna has been operating for 44 years and is one of the oldest nuclear power plants in the country. RG&E is also working to develop an alternative to the Ginna plant which involves building a new connection to the statewide power grid.