Skip to main content
Wednesday, November 2, 2011 - 2:01am

Ga Power Bills Up Less Than Expected

Updated: 3 years ago.
The U.S. Nuclear Regulatory Commission is still deciding whether to give the power company a license to build and operate two new nuclear reactors at Plant Vogtle. A decision is expected later this year or early next year. (Photo Courtesy of Southern Co.)

A typical Georgia Power customer will pay an extra 57 cents next year to finance the construction of a nuclear power plant, less than the utility earlier estimated.

But customers will pay steeper-than-expected charges in the following years.

The Southern Co. subsidiary filed those rate plans Tuesday with state utility regulators. The company is allowed to recoup from its customers the interest costs associated with borrowing money to build two more nuclear reactors at Plant Vogtle near Augusta. Because there has been less construction than expected, the costs have decreased from the original estimate.

The U.S. Nuclear Regulatory Commission is still deciding whether to give the power company a license to build and operate the new plant. A decision is expected later this year or early next year.