Georgia Agency Seeks Funding to Track Rising Nuclear Costs

Associated Press, by Ray Henry, January 25, 2014

The chairman of the Georgia Public Service Commission is asking state lawmakers for roughly $180,000 to fund two more employees to carefully track utility spending and construction efforts associated with the $14 billion project to build Plant Vogtle, a first-of-its-kind nuclear plant. Southern Co. subsidiary Georgia Power says its share of the project is projected to go hundreds of millions of dollars over budget. The information those monitors gather will be crucial if regulators ultimately want to block Georgia Power from billing its 2.4 million customers for at least some of the project's increasing cost and force the utility to take losses on questionable spending.

http://www.sfgate.com/news/article/Ga-agency-seeks-funding-to-track-nuclear-costs-5174494.php