[New post] Ratepayers on the hook for costs of Georgia nuclear reactor project

Christina Macpherson posted: " Investor-owned Georgia Power will recover capital costs associated with the over-budgeted construction of two new nuclear reactors from ratepayers, according to a preliminary agreement announced Thursday. Georgia Power and the Georgia Public Services " nuclear-news Ratepayers on the hook for costs of Georgia nuclear reactor project Christina Macpherson Sep 2 Investor-owned Georgia Power will recover capital costs associated with the over-budgeted construction of two new nuclear reactors from ratepayers, according to a preliminary agreement announced Thursday. Georgia Power and the Georgia Public Services Commission's public interest advocacy staff agreed to a $7.56 billion cap on the amount of capital construction costs placed in the rate base to fund completion of a pair of nuclear reactors at Plant Vogtle in Waynesboro, Georgia. The PSC said it was "a significant reduction" from the $10.19 billion the utility said it needs to .........................................(Subscribers only) Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from nuclear-news. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://nuclear-news.net/2023/09/02/1-b-ratepayers-on-the-hook-for-costs-of-georgia-nuclear-reactor-project/

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