Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on financial promises to one of its nuclear reactor partners. The payments to Oglethorpe Power Corp. were announced Friday.
Residential customers of Georgia's largest electrical utility could see their bills rise by $9 a month to pay for a new nuclear power plant. Under an agreement announced Wednesday, Georgia Power Co. says customers would pay $7.56 billion more for Plant Vogtle construction.
Workers have begun loading radioactive fuel into a second new nuclear reactor in Georgia. Georgia Power Co. and co-owners said Thursday that they are transferring fuel into Unit 4 at Plant Vogtle, southeast of Augusta.
A new reactor at a nuclear power plant in Georgia has entered commercial operation. Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle, southeast of Augusta, has completed testing and is now sending power to the grid reliably.
Federal regulators have approved plans to load radioactive fuel into a second new nuclear reactor in Georgia. The Nuclear Regulatory Commission said Friday that Georgia Power Co. and its co-owners can begin loading fuel into unit 4 at Plant Vogtle, southeast of Augusta.
Commercial operation of a new reactor at a Georgia nuclear power plant has been delayed for at least another month. Georgia Power Co. said Friday that Unit 3 at Plant Vogtle has a problem in the hydrogen system that cools its electrical generator.
A new reactor at a nuclear power plant in Georgia has reached its full power output for the first time. Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle has reached its full output of 1,100 megawatts of electricity.
The first new U.S. nuclear reactor built from scratch in decades has begun generating electricity. The lead owner of Georgia Power Co. says the reactors are a success. But the project is $17 billion over budget and seven years late.
A nuclear power plant in Georgia has begun splitting atoms in one of its two new reactors. Georgia Power Co. announced the key step toward reaching commercial operation on Monday. The utility and other owners are building the first two nuclear reactors constructed from scratch in the United States in decades.
Georgia Power Co. bills could go up another 17% in June to cover the higher costs of natural gas and coal. The unit of Atlanta-based Southern Co. told regulators Tuesday that it needs to collect billions more to pay for the fuel it burns to generate electricity for its 2.7 million customers.
Startup of a nuclear power plant in Georgia will be delayed after its operator found a vibrating pipe in its cooling system. Georgia Power Co., the lead owner of Plant Vogtle near Waynesboro, announced the delay Wednesday.
The Georgia Public Service Commission approved a $1.8 billion Georgia Power Co. rate increase Tuesday, raising rates by 12% over three years. The move came after four commissioners tweaked a settlement between the utility and commission staff to give the company more of what it wanted.
Georgia Power Co. and regulatory staff have reached an agreement that would give the electric utility a $1.8 billion rate increase over three years. That's a little above the midpoint between the $2.9 billion that the electric utility proposed and the $529 million that staff said was justified.
Workers have begun loading radioactive fuel into a new nuclear reactor in Georgia. The announcement Friday by utilities means the first new nuclear reactor built in decades in the United States is on track to begin generating electricity in coming months.
State regulators begin hearings Tuesday on Georgia Power Co.'s request to raise rates by 12% over the next three years. The hearings are likely to see clashes over how much profit the utility should earn and how much solar panel owners should be paid.
