ML19309A427

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Responds to Me Clark,M Lane,Lw Link & Jf Welsh Ltrs Re Financial Condition of General Public Utils & About Tmi.Nrc Presently Conducting Licensing Board Hearing to Determine Whether TMI-1 Can Resume Operations During TMI-2 Cleanup
ML19309A427
Person / Time
Site: Crane  Constellation icon.png
Issue date: 03/11/1980
From: Gilinsky V
NRC COMMISSION (OCM)
To: Michael Clark, Lane M, Link L
AFFILIATION NOT ASSIGNED
Shared Package
ML19309A428 List:
References
NUDOCS 8003280400
Download: ML19309A427 (2)


Text

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E WASHIN GTON, D.C. 20555

%.....M OFFICE OF THE March 11, 1980 COMMISSIONER 4

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% cf the Secretary A Sc.Mce SEE ATTACHED LIST rg o,

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N Thank you for your letter concerning the financial situation of General Public Utilities.

I apologize for answering you with a form letter but the number of letters I have received from GPU stockholders makes it impossible for me to prepare individual letters.

I understand your concern that General Public Utilities obtain the rate relief it has sought.

The Nuclear Regulatory Commission does not, however, regulate the rates charged by electrical utilities.

Rate regulation is a concern of the various State public utility commissions and of the Department of Energy.

The Nuclear Regulatory Commission is by law limited to the regulation of the safety of nuclear reactors.

The Nuclear Regulatory Commission is presently conducting a hearing before a Licensing Board to determine whether Three Mile Island Unit 1 can safely be permitted to resume operations while the clean-up of Unit 2 proceeds.

Because this proceeding is adjudicatory in nature, I cannot comment on the substance of the issues which must be resolved.

The Licensing Board is currently conducting prehearing conferences and expects to begin formal public hearings by the early summer.

While the Licensing Board will undoubtedly seek to avoid, unnecessary delay, it is difficult at this point, to predict how long these hearings will continue.

Sincerely, Victor Gilinsky Commissioner I

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Replies mailed to the following on March 11, 1980:

M. Edward Clark 1405 N.

64th Street Kansas City, Kansas 66102 Madaleine Lane Seven Water Lane Plandome Manor, New York 11030 Mr. Lewis W.

Link 13 Almond Court l

Pine Run Community Doylestown* PA 18901 Mr. J. F. Welsh i

RR2 Box 823 Lot 94 Pompano Beach, Florida 33067 i

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