The expenses associated with decommissioning of nuclear facilities shall be paid from the funds established pursuant to Section 8325. If the money in the funds is insufficient for payment of all decommissioning costs, the commission or the board shall determine whether the costs incurred in excess of the money in the funds are reasonable in amount and prudently incurred. If the commission or the board determines that the excess costs are reasonable in amount and prudently incurred, the commission or the board shall authorize these costs to be charged to the customers of the electric utility.
Cal. Pub. Util. Code § 8328
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.