Incident Chronology at Susquehanna Steam Electric Station in Berwick
This chronology does not include the cost to the rate payer to build Susquehanna-1 and -2. PP&L asked the Public Utility Commission (PUC) for $315 million to recover the cost of building Unit-1. The PUC granted $203 million on August 22, 1983, or a 16% increase to the customer. The company asked for $330 million for Unit-2 but was allowed $121 million in April, 1985; an 8% increase to rate payers. In addition, PP&L consumers have “contributed” approximately $4.6 million annually (since 1985) to the decommissioning fund. (Also, refer to May 15 and August 13, 1998, for information on “stranded costs” passed on to “hostage” PP&L rate payers.)
Moreover, in the Winter 1999/2000, PPL unilaterally devaluated the combined PURTA and Real Estate tax assessments for the SSES. Prior to the Negotiated Settlement, the nuclear power generating stations were assessed by PP&L at approximately $1 billion. PPL is now claiming that the the SSES is only worth $74 million or the same amount as the valuation of the Columbia Hospital. If PPL prevails, the Berwick School District and Luzerne County will experience revenue shock. PPL is not paying or escrowing any moneys they owe to Luzerne County and the Berwick School District.
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