Crystal River

Local News
4:19 pm
Tue February 5, 2013

Duke To Permanently Shutter Troubled Nuclear Plant In Florida

Duke Energy says it will shut down the Crystal River Nuclear Plant in Florida, rather than spend billions repairing it.
Credit Duke-energy.com

Duke Energy says it will close down a troubled nuclear plant in Florida – called Crystal River – rather than try to repair it at a cost of billions.  Making that decision has preoccupied Duke and its investors ever since the company merged with Progress Energy and inherited the Florida plant.  

"From the beginning of the merged company, the resolution of the nuclear plant issue has been among the company's top priorities, if not the company's top priority," says Duke Energy spokesman Mike Hughes. 

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Business
5:09 am
Thu January 24, 2013

Duke Duking It Out With Small Florida County Over Taxes

The tax value of Duke/Progress Energy's Crystal River nuclear plant in Florida is one point of contention between the company and Citrus County officials.
Credit Duke-energy.com

A small county on the Florida Gulf Coast is in a budget crisis because its largest taxpayer is refusing to pay up. Progress Energy Florida – which is now owned by Duke Energy – operates a coal and nuclear power plant complex that accounts for one-quarter of Citrus County's property tax revenues. But Duke Energy only paid half its tax bill last year and this week warned it'll do the same in 2013. WFAE's Julie Rose explains:

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