ATLANTA (AP) — Georgia Power Co. wants to raise customer bills 12% over the next three years to pay for system improvements and higher costs and allow higher profits, the company said Friday in a rate filing with state regulators.
ATLANTA (AP) — The owners of a majority share of a nuclear power plant being expanded in Georgia are suing lead owner Georgia Power Co., claiming the company is trying to bilk them out of nearly $700 million by unilaterally changing a contract.
ATLANTA (AP) — One of the owners of a nuclear power plant being expanded in Georgia says it's shifting overruns to Georgia Power Co. in exchange for giving up a sliver of its ownership.
ATLANTA (AP) — A nuclear power plant being built in Georgia is now projected to cost its owners more than $30 billion.
A financial report from one of the owners on Friday clearly pushed the cost of Plant Vogtle near Augusta past that milestone, bringing its total cost to $30.34 billion
ATLANTA (AP) — Georgia Power Co. now says the first of two nuclear reactors it's building at Plant Vogtle near Augusta might not begin generating electricity until as late as March 2023 and the reactors will cost their owners nearly $30 billion.
ATLANTA (AP) — Monitors say even the most recent pushback of completion dates for two new nuclear reactors in Georgia isn't enough to account for all the delays and increased costs they see coming.
ATLANTA (AP) — The cost of two nuclear reactors being built in Georgia is now $28.5 billion, more than twice the original price tag, and the other owners of Plant Vogtle argue Georgia Power Co. has triggered an agreement requiring Georgia Power to shoulder a larger share of the financial burden.
ATLANTA (AP) — Shareholders of Georgia Power Co. may be at more risk of shouldering the utility's share of cost overruns for the two new nuclear reactors being built at Plant Vogtle.
The Georgia Public Service Commission on Tuesday approved an agreement between the unit of Atlanta-based Southern Co.
ATLANTA (AP) — Two new reactors at Georgia's Plant Vogtle will cost another billion dollars, with shareholders of the parent company of Georgia Power Co. taking a $460 million loss and other owners absorbing the rest.