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Canada Goose sale Progress says Florida Levy reactors delayed Canada Goose sale

Canada Goose Outlet power company Progress Energy Inc Florida utility has delayed the in service date for the first reactor at the cheap Canada Goose proposed Levy County nuclear power plant on Florida west coast to 2024, with the second unit following 18 canada goose clearance months later. Canada Goose Outlet

Canada Goose Jackets The company also boosted the Canada Goose sale cost estimate for the 2,200 megawatt Levy project to between $19 billion and $24 Canada Goose Parka billion, it said in a statement. Canada Goose Jackets

canada goose store Previously, the company said the first unit at Levy was uk canada goose expected to enter service in 2021 at an estimated cost of $17 Canada Goose Coats On Sale billion to $22 billion. canada goose store

canada goose Progress, based in North Carolina, said it pushed back the schedule and raised the cost estimate because canada goose black friday sale of lower than expected customer demand, an economic slowdown, uncertainty over potential carbon regulation and Canada Goose Outlet low canada goose natural gas prices. canada goose

canada goose deals remains a key component of Progress balanced canada goose coats solution strategy to meet customers future energy needs, Vincent Dolan, president and CEO of Progress Energy Florida, said in the statement. canada goose deals

canada goose black friday sale The company included the schedule and cost changes in its annual nuclear cost recovery projections with Florida utility regulator for the 2013 billing cycle. canada goose black friday sale

buy canada goose jacket In addition to the proposed new reactors, Progress wants to increase the output of the 860 megawatt Crystal River canada goose clearance sale nuclear plant in Citrus County, near Levy. Southeast states seeking more nuclear power, allow utilities to recover development, construction and interest costs for new nuclear projects. buy canada goose jacket

Georgia and South Carolina are using similar cost recovery rules to encourage units of Southern Co and Scana Corp and partners to build new reactors in their states.

canada goose clearance Utilities say the rules make reactor construction possible and help reduce customer costs. canada goose clearance

Florida wants more nuclear power in part because natural gas fuels about 60 percent of the state capacity, Progress said.

on any fuel can expose customers to fuel cost spikes and supply canadian goose jacket disruptions. (Florida utility regulator) has cited the growing lack of fuel diversity in the state as a major strategic concern, Progress said.

Canada Goose online Natural gas is cheap now, near a 10 year low of around $2.30 per million British thermal cheap canada goose uk units, but over the past decade it has averaged above $6 and spiked to more than $15. Canada Goose online

RATES TO RISE If Canada Goose Online Florida regulators approve of Progress request, the company canada goose uk shop said total nuclear cost recovery charges would be $5.09 on a 1,000 kilowatt hour (kWh) residential bill beginning Canada Goose Jackets with January 2013 billing, compared to $2.86 in 2012.

canada goose coats Progress said the 2013 Canada Goose online breakdown would be $3.45 on a 1,000 kWh residential bill for Levy and $1.64 for Crystal River, canada goose uk outlet up from $2.67 for Levy and 19 cents for Crystal River in 2012. canada goose coats

cheap Canada Goose Progress said the Levy portion of the bill would be fixed at $3.45 through 2017. cheap Canada Goose

Crystal River has been off line since September 2009, when a refueling and power up rate began. During the upgrade, workers discovered a gap in the concrete containment dome, which was opened to install new steam generators.

buy canada goose jacket cheap Crystal River was originally expected to restart in April 2011 but Progress said last summer canada goose store the unit would not restart until 2014. The company has estimated the cost of repairing the containment structure at between $900 million and $1.3 billion. Nuclear Regulatory Commission (NRC) staff said in a final report that there were no environmental impacts that would preclude issuing construction and operating licenses for buy canada goose jacket cheap the proposed Levy reactors. buy canada goose jacket cheap

Progress expects the NRC will decide on the Levy licenses in early 2013.

Progress applied with the NRC in July 2008 to build and operate two Westinghouse Electric AP1000 reactors at Levy.

canada goose coats on sale Westinghouse is majority owned by Japanese multinational Toshiba Corp. canada goose coats on sale

In January, Progress agreed to a $13.7 billion merger with neighboring North Carolina power company Duke Energy.

canada goose clearance sale Duke is also seeking to buy canada goose jacket build a nuclear plant at Lee in South canada goose Carolina uk canada goose outlet and last summer signed a letter of intent to buy a potential stake in the Summer reactors being built by Scana and partners in South canada goose uk black friday Carolina. canada goose clearance sale

Canada Goose Parka A spokeswoman at Duke, Rita Sipe, said the company could not speculate on whether a combined Duke Progress would pursue both Lee and Levy since the companies had not completed the merger. Canada Goose Parka

canadian goose jacket Sipe said Duke continued to develop the Lee site to ensure it remains an option in the future. She said Duke anticipates obtaining a license for Lee from the NRC in 2013. canadian goose jacket

Duke has not yet decided to pursue Lee, but it appears in the company integrated resource plan as an option canada goose coats on sale for the future to enter service around 2020 21. Several years ago, Duke estimated canada goose factory sale the Lee plant, which like Levy includes two Westinghouse AP1000 reactors, would cost $11 billion.