ML19309E467

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Ack Receipt of Ltr Re Financial Situation of General Public Utils.Nrc Does Not Requlate Rates Charged by Electrical Utils.Nrc Is Conducting Hearing to Determine Whether TMI-1 Can Be Restarted While TMI-2 Cleanup Proceeds
ML19309E467
Person / Time
Site: Crane  Constellation icon.png
Issue date: 04/02/1980
From: Gilinsky V
NRC COMMISSION (OCM)
To: Lesh L
AFFILIATION NOT ASSIGNED
Shared Package
ML19309E468 List:
References
NUDOCS 8004220173
Download: ML19309E467 (1)


Text

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'ibShmhg 'f Mrs. Lottie Lesh ro SergCe 1720 Illinois B sh 0/

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Dear Mrs. Lesh:

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

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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, i

Victor Gilinsky*

Commissioner l

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