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PSC Delays Vote on Nuclear Cost Check
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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 Public Service Commission unanimously decided to hear more testimony from its public advocacy staff that created the plan and the utility that opposes it.
The company says the plan is illegal and could harm its financial standing. PSC members want more details before making their decision.
Tags: Georgia Power, PSC, nuclear, Southern Company, Plant Vogtle, nuclear expansion, Georgia Public Service Commission, energy costs, cost overruns
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