Skip to content
Energy

Georgia Power wants to proceed with Plant Vogtle

The energy companies backing the Plant Vogtle expansion have begun a hail mary move to keep the project going. In addition to asking the federal government to extend a tax credit and offer loan guarantees, the owners of Plant Vogtle are asking the Georgia Public Service Commission to approve their new plan for completing the project. Three other plans for new nuclear reactors have already been scrapped this year, leaving Plant Vogtle as the sole

Energy

Schools on the hook for Georgia Power’s bad decisions

As the Plant Vogtle expansion faces trouble following the main contractor declaring bankruptcy, more scrutiny is falling on the fees Georgia Power has been charging customers to pre-pay for the construction. The average residential household has been paying about $100 per year for the “Nuclear Construction Cost” surcharge, but public entities like schools have been paying thousands of dollars a month in some cases. This money covers the financing costs for the construction of two new

Plant Vogtle

Georgia Power’s Plant Vogtle debacle worsens

The main contractor building the two new nuclear reactors at Georgia Power’s Plant Vogtle has declared bankruptcy, causing more problems for a project already several years behind schedule and billions over budget. Westinghouse Electric, the contractor, has been continuing work on the project thanks to temporary extensions negotiated with Georgia Power. The latest one expired on June 9. While Georgia Power assess their options, the Georgia Public Service Commission has begun to evaluate whether or not

Plant Vogtle

Georgia Power sticks ratepayers with bill for Plant Vogtle failures

Plant Vogtle, the nuclear power plant near Augusta that is currently adding two new reactors, has a new problem on their hands: the main contractor just declared bankruptcy, meaning Georgia Power’s ratepayers could be on the hook for billions in loan guarantees and continued cost overruns related to the bankruptcy. Georgia Watch, a consumer watchdog group, and the Southern Alliance for Clean Energy, have both been critical of the project from the start. Now, they

Energy

Consumers to pay additional $2 billion for Plant Vogtle reactors

Just before the holidays, Georgia Power ratepayers received an unpleasant surprise. Georgia Public Service Commissioners have approved cost overruns of about $2 billion on Plant Vogtle’s nuclear reactor units 3 and 4. Those costs will be passed along to consumers. “Approval of the Vogtle settlement creates the largest rate impact for Georgia Power customers based on the least public review in PSC history,” said Sara Barczak of Southern Alliance for Clean Energy in a press