Incentive Cost Recovery Rule for Nuclear Power Generation (Louisiana)

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Last modified on February 12, 2015.

EZFeed Policy

Place Louisiana


   
Applies to States or Provinces Louisiana
Name Incentive Cost Recovery Rule for Nuclear Power Generation (Louisiana)
Policy Category Other Policy
Policy Type Fees, Generating Facility Rate-Making
Affected Technologies Nuclear
Active Policy Yes

Implementing Sector Utility



























Program Administrator Louisiana Public Service Commission
Primary Website http://lpscstar.louisiana.gov/star/ViewFile.aspx?Id=d1294d38-5bb0-482c-b498-5cf977743602



Last Review 2014-09-15



Summary

The Incentive Cost Recovery Rule for Nuclear Power Generation establishes guidelines for any utility seeking to develop a nuclear power plant in Louisiana. The rule clarifies, as well as supplements the Louisiana Public Service Commission’s 1983 General Order for the acquisition of nuclear generation resources. The goal of the rule is to provide a transparent process that identifies the responsibilities parties in the regulatory process for the approval of the siting, design, licensing, and construction of a nuclear power plant. Certification under this process comes in three phases: a siting and licensing phase; a plant design and development phase; and a construction phase. The rule describes the certification process and outlines utility filing requirements. Once a phase is certified, costs will be reviewed and approved on an annual basis for future recovery in rates when the plant is either canceled or begins commercial operation. Cash earnings on construction work in progress will be recovered in rates during the certified phase of nuclear plant development. The rule is covered in Docket R-29712.



Policy Contact

Contact Name Donnie Marks
Department Louisiana Public Service Commission
Division Electric Division




Phone 225-342-4999
Phone 2 800-256-2397
Fax 225- 342-4221
Email donnie.marks@la.gov

     
     


















References