Don't let Iowa raise electric rates to subsidize new reactors
|[Photo by Edibobb via Wikimedia Commons]|
The nuclear industry’s dirty secret is that it cannot afford to build new reactors without public handouts.
In Iowa, MidAmerican Energy lobbyists are working hard to push a bill, House File 561, through the legislature. This bill would allow MidAmerican to raise electricity rates on Iowans so that it can fund the construction of risky new nuclear reactors. What's worse is that MidAmerican gets to keep the money -- even if it cancels the project.