LD 1407
pg. 2
Page 1 of 2 An Act to Reduce the Cost to Ratepayers of Decommissioning and Nuclear Waste St... LD 1407 Title Page
Download Bill Text
LR 2423
Item 1

 
return on investment of those funds and a corresponding reduction
in the amount ratepayers will be charged for disposal of spent
fuel. The proposed restriction is the standard permitted by the
Federal Energy Regulatory Commission for decommissioning trust
funds.

 
The bill also permits the Maine Yankee Nuclear Power Plant to
draw funds earmarked for payment of fees to the United States
Department of Energy for disposal of spent fuel waste to offset
past and future costs of on-site storage.

 
Finally, the bill provides for the transfer of funds collected
for the disposal of low-level radioactive waste to the Maine
Yankee Decommissioning Trust Fund for the purpose of reducing
decommissioning costs.


Page 1 of 2 Top of Page LD 1407 Title Page