Money from the state will help keep nuclear power plants open

Local News
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Guarantees from New York state will help keep two nuclear power plants open in Oswego County, along with another one in Rochester.

The state’s Public Service Commission decided Monday to give hundreds of millions of dollars in revenue for over 12 years to keep the three plants in operation–it’s apart of rules changes throughout New York for nuclear energy.

And as a result, Exelon Corp will keep its Nine Mile Point plant open and is now likely to buy the Fitzpatrick nuclear plant in Scriba, which was set to close in January.

Electric customers across the state will pay surcharges to cover the cost of the nuclear subsidies.

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