Town of Norwood, Massachusetts v. Federal Energy Regulatory Commission, Yankee Atomic Electric Company, Intervenor

Opinion for the Court filed by Circuit Judge TATEL.

TATEL, Circuit Judge:

After Yankee Atomic Electric Company shut down a nuclear power plant before the plant’s license expired, the Federal Energy Regulatory Commission allowed Yankee to recover from ratepayers 100% of its remaining unamortized investment, construction-work-in-progress, decommissioning costs, and the operating expenses of the closed plant. To reflect the plant shutdown, the Commission also reduced Yankee’s rate of return. The Town of Norwood, one of Yankee’s ratepayers, now seeks review of the Commission’s order. In view of…