Word: edisons
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Washington was alive with investigations and promises of investigations to find out what went so terribly wrong at the Metropolitan Edison Co. plant. In his major energy address Thursday night, Jimmy Carter preceded his call for phased decontrol of oil prices and a windfall tax on petroleum companies (see ECONOMY & BUSINESS) with the announcement that he would appoint an independent commission to look into the accident and make recommendations for improving the safety of all nuclear plants. Said the President: "You deserve a full accounting, and you will...
Replacement costs are normally passed along to customers automatically. That would mean the 346,000 customers served by Metropolitan Edison Co., operator and part-owner of the plant, could pay an extra $7.50 a month, federal energy experts...
...state commission bars the automatic pass-through costs to consumers, General Public Utilities. Metropolitan Edison's parent company, would shoulder the burden. General Public Utilities has 177,000 stockholders, but the insurance Metropolitan Edison carries would absorb the costs...
Dave Kluscik, a spokesman for Metropolitan Edison, said yesterday the company would have to borrow to pay capital costs and repay previous loans if investors sell their stock, charging customers in the long...
...inspection file outlined problems in the Three Mile Island plant long before the March 28 accident. The report singled out the same valves and cooling system apparatus that failed during the accident. The NRC inspection even cited "personnel error" as a problem, but no action was taken. Instead, Metropolitan Edison pressed for the scheduled December 30, 1978, date for full-power operation of its reactor--to gather precious federal tax depreciation gains...