Ga. Regulators OK Delay On Proposed Nuke Plant Budget Hike

Law360, New York (September 4, 2013, 7:21 PM EDT) -- Georgia utility regulators on Tuesday approved an agreement to put off consideration of Southern Co.'s request to raise its budget for its $14 billion nuclear plant expansion until the end of 2017, when the first of two new reactors is expected to be completed.

Citing additional costs, Southern subsidiary Georgia Power Co. had asked the Georgia Public Service Commission in February to raise its state-approved construction budget for the new 1,100-megawatt reactors at its Vogtle Electric Generating Plant by $737 million — to $6.85 billion. However,...
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