Review of Proposed Treatment of Nuclear Power Plant Sale Proceeds


Synapse reviewed Northeast Utility's proposed treatment for the $829 million it received from the sale of the Millstone nuclear power plant.  The review focused on the reasonableness of a number of adjustments sought by Northeast Utility that would enable it to keep more than one-half of the sale proceeds instead of passing them through to ratepayers as a reduction in nuclear stranded costs.  Project completed in January 2002.

Completed January 2002