Consumer view on financing nuclear plant abandonments

The author makes a proposal to compensate utility customers for their assumption of the financial consequences of construction project cancellations and establish stronger incentives for prudent utility management. There are two general ways to proceed: ratepayers would receive utility bonds or they would receive equity securities, common stock. The equity security route is more likely to have an incentive-changing effect on management. Customer stock ownership plans have already demonstrated that they are operationally feasible.