Georgia Power Reaches Settlement for Its Share of Vogtle Costs
September 11, 2023--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Georgia Power Company (Atlanta, Georgia) has agreed to absorb about 25% of its cost to build two new nuclear units at the Alvin W. Vogtle Nuclear Power Station in Waynesboro, Georgia. In a proposed settlement with the Public Interest Advocacy staff of the Georgia Public Service Commission (GPSC) (Atlanta, Georgia), announced August 30, the utility agreed to not seek recovery of about $2.62 billion of the $10.2 billion it spent to build the two new units, one of which came online this summer.
