Florida utility regulators are letting the nation's largest utility company raise rates to pay for a now shuttered nuclear power plant.
The cost for customers will be about $108 million a year from 2014 to 2017.
The Florida Public Service Commission voted Monday to let Duke Energy Florida raise rates .89 cents a month for the average customer to pay for its Crystal River Plant.
The charge, which would take effect in January 2014, would last for seven years.
PSC commissioners agreed to the rate hike as part of a decision to wait until later this year to approve a settlement agreement tied to two nuclear plants.
Duke announced last week it was scuttling plans to build a $24.7 billion nuclear power plant in Levy County in north Florida.
In February, Duke Energy Corp. decided to close the Crystal River nuclear plant after workers cracked a concrete containment building during an attempt to upgrade the plant in 2009. An attempt to fix the problem in 2011 resulted in more cracks.
Information from the Associated Press was used in this report.