The Nuclear Energy Institute and the National Association of Regulatory Utility Commissioners plan to sue the government to stop the collection of fees they pay into the Nuclear Waste Fund, NEI President Marvin Fertcl told Wall Street analysts at a briefing in New York last week. "The companies are collecting about $800 million, about one-tenth of a cent per kilowatt hour, and they're contributing that to the Nuclear Waste Fund. The basis for the fee level is set by a life cycle cost estimate for the project. Well, that project was Yucca. If you stopped Yucca Mountain and you haven't defined a new project, we would say you don't know whether the [fee] is right," Fertel said.
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