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Latest price tag to decommission San Onofre Nuclear Station could be $4.4 billion

Published on August 28, 2014 by Admin

OCEANSIDE – The latest price tag to decommission the shuttered San Onofre Nuclear Generating Station will be the focus of a community meeting scheduled for this evening in Oceanside.

The Community Engagement Panel, which was created to advise plant owners Southern California Edison, San Diego Gas & Electric and others, will take up an estimate that the two decades-long process could cost $4.4 billion. The new amount, up from previous estimates of around $3.3 billion, was reported earlier this month.

How much of the costs of the shutdown, along with replacement power and other needs, will be borne by the utilities and how much by ratepayers has been the subject of many months of talks between the companies, regulators and consumer watchdogs.

Today’s meeting at Quantum Learning Network Conference Center at 1938 Avenida del Oro starting at 6 p.m. is open to the public.

The nuclear plant on the northern San Diego County coastline has been idle since January 2012, when a small, non-injury leak was discovered in a steam generator.

Subsequent investigations determined that the generators, manufactured by Mitsubishi Heavy Industries of Japan and installed only a couple years earlier, were of a faulty design. In June 2013, Edison shelved plans to restart the plant in favor of retiring the facility.

The panel is also expected to discuss a draft decommissioning plan and an environmental study.

9 Responses to Latest price tag to decommission San Onofre Nuclear Station could be $4.4 billion

  1. Fed Up Reply

    August 28, 2014 at 11:05 am

    There must be much that I don’t know about this…..there were obviously profits made in the running of this plant….why are ratepayers expected to pay anything in decommission costs?

    Perhaps someone can explain why this is so? Would these costs not be figured in at the beginning of this for profit enterprise? The costs of ‘Doing Business’? Maybe especially so since there were so many, many people who did not want the plant there to begin with?

  2. D Reply

    August 28, 2014 at 11:24 am

    Just as long as the investors get to foot the bill and not the rate payers I don’t really care what it costs :D

  3. Fed Up Reply

    August 28, 2014 at 2:59 pm

    "how much of the costs will be borne by the ratepayers"…that’s the part I’m worried about, otherwise I don’t care either what it costs….

  4. Marcel R. L'Heureux Reply

    August 28, 2014 at 9:15 pm

    Paying for something that was closed down for political reasons. A revamp of that facility was underway along with funding. A resource we had was taken away and to add insult to injury, the taxpayer ends up paying the price for the politician’s gain.

  5. ZZZ Reply

    August 29, 2014 at 5:44 pm

    I understand Mitsubishi made the error, they had already been paid when their system failed and a small fix could have been done. The plant has already been reimbursed through insurance. You really think someone else will foot the bill? Taxpayers will of course. It will take 15 yrs to dismantle, they’re building a uranium disposal plant first in somewhere I can’t remember, the dismantling engineer told me. Its a bad story.

  6. Disillusioned Reply

    August 29, 2014 at 7:54 pm

    Why charge ratepayers: because we can

  7. worried Reply

    August 29, 2014 at 7:56 pm

    At the current rate of increase, what will the financial cost be in 2 decades?

  8. Paul Reply

    August 30, 2014 at 9:12 am

    San Onofre was closed due to political reasons, there was NEVER any threat to the public. Over 700 people lost their jobs, many are now getting unemployment benefits, which is even more of a cost to Californians. Who is paying for this stupid liberal mistake? We are, and we will continue to do so. We are in far more "danger" from this nuclear plant just sitting there than we ever were while it was in operation. It will take YEARS to dismantle and will cost a huge amount of money, of course the taxpayers will get the bill for all of this. Wake up people, you have been duped by liberal politicians, yet again.

  9. Fed Up Reply

    August 30, 2014 at 10:03 am

    Hmmm…I don’t know that that is true. Could you please explain which politicians and how? It somehow seems to me that any time there’s some sort of controversial issue, that one side or the other starts issuing blame…takes the opportunity to say, "*They* did it…now, given that I don’t like *any* politicians…as my Daddy always said.."Not a dime’s worth of difference between them…"…I’m willing to grant that there are politics involved, but not sure which exact politicians "did it’. Could you please be a bit more clear?

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