PSC approves latest Vogtle cost, schedule report
by The Atlanta Journal-Constitution
Feb 20, 2013 | 487 views | 0 0 comments | 3 3 recommendations | email to a friend | print
In this Feb. 15, 2012 file photo, U.S. Secretary of Energy Secretary Steven Chu, right, exits the stage with Southern Company President and CEO Thomas Fanning as cooling towers for units 1 and 2 are seen in the background at left as the new reactor vessel bottom head for unit 3 stands under construction at right, on a visit of the Vogtle nuclear power plant in Waynesboro, Ga.  (AP Photo/David Goldman, File)
In this Feb. 15, 2012 file photo, U.S. Secretary of Energy Secretary Steven Chu, right, exits the stage with Southern Company President and CEO Thomas Fanning as cooling towers for units 1 and 2 are seen in the background at left as the new reactor vessel bottom head for unit 3 stands under construction at right, on a visit of the Vogtle nuclear power plant in Waynesboro, Ga. (AP Photo/David Goldman, File)
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State utility regulators on Tuesday approved Georgia Power’s costs so far to build two nuclear reactors at Plant Vogtle in Waynesboro.

But, with the project now several months behind schedule and cost increases looming, the Georgia Public Service Commission has asked the utility to come up with new projections of when the work will be finished.

Georgia Power’s customers have been paying for the reactors through a monthly fee on their utility bills since 2011. In its most recent report to the PSC, the utility said the cost of the project has risen to $6.2 billion from $6.1 billion, but the company has not asked to collect any more money from customers at this time.

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