State regulators have delayed vote on a plan to protect consumers from cost over-runs at Plant Vogtle. The proposal would tie Georgia Power’s profits to its ability to come in on time and at cost for its estimated 14 billion dollar nuclear expansion project.
The state Public Service Commission wants to penalize Georgia Power for any cost overruns associated with building two new reactors at Plant Vogtle near Augusta. Officials with the utility are against the plan.
An environmental group says, taxpayers are being kept in the dark about an $8 billion federal loan guarantee to build the nation's first new nuclear reactors in 30 years. The Southern Alliance for Clean Energy is suing the U.S. Energy Department over Southern Company's plan to build reactors at Plant Vogtle near Augusta. The group's director says, they've tried for months to get information about the program, but are getting no cooperation.