ML19323B031

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Responds to Requesting Rate Relief for Met Ed & Restart of TMI-1.NRC Does Not Regulate Rates.Nrc Presently Conducting Prehearing Conferences & Expects to Begin Formal Hearing by Summer
ML19323B031
Person / Time
Site: Crane Constellation icon.png
Issue date: 04/07/1980
From: Gilinsky V
NRC COMMISSION (OCM)
To: Monaco H
AFFILIATION NOT ASSIGNED
Shared Package
ML19323B032 List:
References
NUDOCS 8005090146
Download: ML19323B031 (1)


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Dear Mr. Monaco:

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 renolation is a concern of the various State public utility -

-tssions and of the Department of Energy.

The Nuclear Regulatt';y 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 e