A bill to amend the Atomic Energy Act of 1954 to prevent certain nuclear reactor repair costs and increased costs of substitute power from being passed through to an electric utility's consumers when the generation of electric energy by any nuclear power plant is suspended or terminated for a safety-related reason, to provide a Federal fund for the payment of these costs, and for other purposes.

Summary

Amends the Atomic Energy Act of 1954 to prevent nuclear reactor repair costs and increased costs of substitute power from being passed through to an electric utility's customers when the generation of electric energy by any nuclear powerplant is suspended or terminated for a safety related reason. Establishes a Nuclear Reactor Shut-down Fund to reimburse any electric utility for such excess energy cost and repair or construction costs.

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1 official file

• Introduced in House

  summary · EN · 28 March 1979

  Open at official source

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