Eric Epstein’s Comments at the Annual Meeting of Exelon Shareholders, May 1, 2018

Posted by By at 30 April, at 22 : 57 PM Print

 

 

 

 

 

I oppose yet another bailout for TMI.

I do not support corporate socialism.

TMI was built by hostage rate payers for $1.1 billion. TMI-2 was bailed out from 1981-1993 at a cost of $987 million under the Thornburgh Plan. TMI-1 was part of the $9 billion deregulation bailout from 1999-2009.

TMI is the most uneconomical reactor in the state, and has lost more than $300 million dollars over the past five years despite the deregulation bailout.

PA rate payers spent over $9 billion dollars to bail out PA’s nuclear power plants when electricity rates were restructured at 15% above the national average.

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This post was written by:
- who has written 380 posts for Rock The Capital
Eric J. Epstein is RocktheCapital‘s coordinator and a community advocate for good government for over 25 years. Mr. Epstein is also Chairman of the Three Mile Island Alert, Inc., a safe-energy organization founded in 1977; President of EFMR Monitoring Group, Inc., a non-profit economic development corporation established in 1977, and Chairman of the Stray Winds Area Neighbors (SWAN), a smart growth association organized in 2005. Mr. Epstein was a Visiting Assistant Professor of Humanities at PSU-Harrisburg (1992-1999) and co-authored the Dictionary of the Holocaust, which was released by Greenwood Press (1997) - Email Eric Epstein

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