(The Center Square) — Georgia Power and the state’s Public Service Commission’s Public Interest Advocacy staff have agreed to cap how much ratepayers will pay for Plant Vogtle construction costs.
The deal caps the recovery costs for Plant Vogtle’s Units 3 and 4 — the “first newly constructed nuclear units” built in the country in more than three decades — at more than $7.5 billion. According to Georgia Power, “average retail rates” would increase by roughly 5%, and “a typical resident customer using 1,000 kWh per month” could see their monthly bill increase by $8.95.
The Gwinnett Daily Post is a daily newspaper published in Gwinnett County, Georgia, and serves as the county's legal organ. The newspaper is owned by Times-Journal Inc. and prints Wednesday and Sunday each week.