Cost of dismantling the plant

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Yankee Atomic Electric Co. announced in 1992 that it would decommission its Yankee Rowe nuclear plant at an estimated cost of $247 million. The cost includes: a. $32 million to maintain the plant until 2000, when dismantling will begin. These expenses will accrue at the rate of $4 million a year. b. $56.5 million for the cost of building a facility to store its spent fuel until it is shipped in 2000 to a permanent repository.This storage facility will be depreciated straight-line over its eight-year estimated life. c. $158.5 million for the cost of dismantling the plant in 2000 and disposing of its nuclear wastes.

Reference no: EM133234191

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