Ga. Power blows budget; Says customers must pay

This 2015 photo shows one of the two new cooling towers under construction at Georgia Power’s Plant Vogtle, south of Augusta. The massive nuclear expansion has fallen three years behind schedule and is far over budget. The project, still unfinished, represents the first new U.S. nuclear power reactors in 30 years. BRANT SANDERLIN / BSANDERLIN@AJC.COM

What do you call overruns on a project that’s more than three years delayed and at least $1.7 billion over budget?

“Reasonable” and “prudent.” At least if you are Georgia Power and you want to win state approval for customers to swallow every penny of the mistakes that would otherwise be the utility monopoly’s responsibility for its adventures in nuclear expansion.

Find out what went wrong and how much Georgia Power customers are already paying for the massive, but unfinished, nuclear push, in the latest Unofficial Business column on myAJC.com.

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1 comments
fly guy
fly guy

How about financial help from the e.p.a.? They hate every form of energy except candles.maybe they could back this project,and actually have a fresh new idea for the first time.