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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

Ga. utility regulators get treated to $7,700 dinner…by utility lobbyists

The Georgia Public Service Commission just got treated to a $7,700 meal by utility lobbyists. I can’t even imagine how one eats $7,700 worth of food and drink in one sitting. I can, however, imagine the conversations that were happening in light of Georgia Power’s recent troubles with the Plant Vogtle nuclear expansion. The five member of the PSC, and some of their staff, got treated to a real nice meal paid for by several

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

Energy

Southern Company passes cost of failure onto ratepayers

Earlier this year, the main contractor working on the new nuclear reactors at Plant Vogtle declared bankruptcy. Southern Company must now decide what to do next with a project that is behind schedule and billions of dollars over budget. Unfortunately, it’s very likely ratepayers in Georgia will continue to bear the financial risk for this project. The expansion at Plant Vogtle came with warnings from multiple groups; again and again the executives at Southern Company, the