State regulators to get update on Crystal River nuclear plant

Last Updated: Friday, January 04, 2013

State regulators will soon get an update on the future of Crystal River's broken nuclear plant.

A Public Service Commission hearing is scheduled for Monday.

Progress Energy Florida has yet to decide whether to repair the plant or shut it down permanently.

According to Bay News 9's partner paper, the Tampa Bay Times, the utility agreed last year to refund customers $100 million if the company decided to repair the plant but did not begin work by Dec. 31, 2012.

The utility is already refunding customers $288 million for replacement power while the plant sits offline.

The nuclear plant went offline in 2009 for maintenance and an upgrade, but during the project, the plant's concrete containment building cracked.  Attempts to repair it led to more cracks.

Progress Energy Florida has estimated the cost of repairing the plant at $2.5 billion.