When PG&E announced the deal it had secretly negotiated with anti-nuclear groups to close Diablo Canyon, California's last nuclear plant, it claimed rates would not rise. NRDC, one of the parties to the proposal, went further, claiming "PG&E customers will save at least a billion dollars by replacing Diablo Canyon."
Now, PG&E admits that the closure would cost $1.8 billion, and that rates would rise immediately after if gets approval from the state's Public Utilities Commission.
Hours after the deal was announced on June 21, Environmental Progress was the first to point out that "The proposal would increase electricity rates," in a statement, as well as on a conference call and in conversations with reporters.
There's no point in sugar-coating what happened. PG&E and NRDC deliberately lied to the public and the media.
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