Proposal divides billions in closed nuke costs

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California regulators have issued a proposed settlement over who gets the bill for the now-closed San Onofre nuclear power plant in Southern California.

The California Public Utilities Commission said in a statement Thursday the tentative deal would provide about $1.3 billion in consumer refunds and credits.

But consumers will pay about $3.3 billion in costs over 10 years, including for power purchased after the plant shut down.

At issue has been who should take the financial hit for the plant's demise — company shareholders or customers.

San Onofre shut down for good last year after a long fight over whether it was safe to restart. It had been idle since 2012.

The commission will consider the proposal Nov. 20.

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