The Nuclear Regulatory Commission on Thursday cited Holtec International for dipping into ratepayer funds meant for the teardown of the Indian Point nuclear power plant for $63,000 to sponsor baseball and softball teams, a golf outing and a high school fashion show.
The NRC said the payments “do not constitute legitimate decommissioning activities” and gave Holtec 30 days to respond to a violation notice.
Holtec has been told to reimburse the money taken out of roughly $2 billion in decommissioning trust funds it inherited after buying the lower Hudson Valley nuclear plant from Louisiana-based Entergy in May 2021.
The money in the funds come largely from fees collected from ratepayers during the plant’s 60 years of operation.
