New Projects, Nuclear, Reactors

Georgia Regulators Approve $160 Million in Nuclear Expansion Costs

The Georgia Public Service Commission unanimously approved Georgia Power’s request to approve and verify $160 million in expenditures for the nuclear expansion project in Georgia.

The costs are for the period of July 1, 2015 through December 31, 2015 for two Westinghouse AP1000 reactors at Plant Vogtle. The amount remains within certified construction costs. The decision is not a ruling on whether the costs are reasonable and prudent, but only acknowledges that Georgia Power spent the money on the project. The decision closes out the 14th Vogtle Construction Monitoring Report, which Georgia Power filed on February 26, 2016.

“The Plant Vogtle project continues to make progress,” said commission Chairman Chuck Eaton. “While there have been setbacks, in the long run Plant Vogtle will provide economical and carbon free electricity for generations of Georgians.”

Commissioners certified Georgia Power’s share of the construction cost of Plant Vogtle units 3 and 4 on March 17, 2009 at $6.114 billion. Georgia Power owns 45.7 percent of Plant Vogtle. Oglethorpe Power Corp., Municipal Electric Authority of Georgia and the City of Dalton Utilities owns the remainder.

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