It is the intent of the Legislature in enacting this chapter to protect electric customers, both present and future, from the risks of unreasonable costs associated with ownership and operation of nuclear powerplants. To that end, the commission or board with respect to each electric utility owning or operating a nuclear powerplant, shall develop regulations and guidelines that promote realism in estimating costs, provide periodic review procedures that create maximum incentives for accurate cost estimations, and provide for decommissioning cost controls.
Cal. Pub. Util. Code § 8323
Decommissioning of Nuclear Facilities
Known as the Nuclear Facility Decommissioning Act
The act spans §§ 8321–8330 (10 sections).
Added by Stats. 1988, Ch. 1560, Sec. 5.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.