Meeting to Decide Who Pays Estimated $3B Bill for San Onofre Nuclear Generating Station | NBC 7 San Diego

Meeting to Decide Who Pays Estimated $3B Bill for San Onofre Nuclear Generating Station

A meeting next week will discuss who will foot the bill that could exceed $3 billion

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    Meeting to Decide Who Pays Estimated $3B Bill for San Onofre Nuclear Generating Station

    Settlement talks are underway to decide who pays the huge bill tied to the shuttered San Onofre nuclear power plant on the Southern California coast.

    The costs at issue could exceed $3 billion.

    Edison International -- the parent of operator Southern California Edison -- disclosed in a government filing Friday that a meeting would be held next week to discuss a possible deal.

    San Onofre once provided Southern California with 20 percent of its power. Then a leak in one of the reactors led to the decision to decommission the plant.

    The twin-domed plant was closed permanently last year after a long fight over whether it was safe to restart.

    The question has been who pays for costs from replacement power to investment in the now-closed reactors -- ratepayers or company shareholders.