Georgia Power Seeks Approval for Nuclear Reactor Costs
Proposed deal would increase customer bills, amid controversy over project delays and cost overruns.
- Georgia Power Co. is urging the state's utility regulators to approve a deal to pay for the company's new nuclear reactors at Plant Vogtle.
- The proposed deal would add $8.95 a month to a typical residential customer's monthly bill, atop the $5.42 that Georgia Power is already collecting.
- The project's overall cost, including financing, is currently $31 billion for Georgia Power and three other owners.
- The reactors are seven years late and $17 billion over budget.
- Some opponents argue that the vote shouldn't take place before elections are held to fill the seats now occupied by Commissioners Tim Echols and Fitz Johnson.
Financial Post 
Washington Post 
Associated Press 
