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Duke Energy applies for $1.3B in bonds to cut nuke plant closing costs in Florida

2015-07-31 13:19:29| Energy - Topix.net

Duke Energy has asked Florida regulators to allow it to issue $1.3 billion worth of a new type of securitized bond designed to reduce charges to customers for the costs of shutting down the damaged Crystal River nuclear plant . Duke projects using the securitized bonds approved by the Florida Legislature this year to help address the Crystal River costs will save customers in the state about $790 million over the next 20 years.

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