Faced with a nuclear power plant that hasn't worked since 2009, Progress Energy executives considered 22 scenarios, including shuttering the 34-year-old Crystal River Nuclear Plant. They announced this summer that they would fix the plant, instead, pledging between $900 million and $1.3 billion to repair cracks in a concrete containment wall.
"The sooner we can get it back in service, the sooner our customers are going to realize the benefits of that lower cost power in our system," says Vincent Dolan, president and CEO of Progress Energy Florida.