"Georgia Power Customers to Pay for $10 Billion Vogtle Expansion Overruns"

1 min read
Source: FOX 5 Atlanta
"Georgia Power Customers to Pay for $10 Billion Vogtle Expansion Overruns"
Photo: FOX 5 Atlanta
TL;DR Summary

Georgia Power customers will see their energy bills increase again as the utility company brings two new nuclear reactors online. State regulators have approved a plan allowing Georgia Power to pass the $10 billion cost overrun for the reactors at Plant Vogtle onto consumers. This comes on top of rate hikes implemented earlier this year, with customers now shouldering $8 billion of the total cost. Starting next spring, the average customer's energy bill will increase by 5%, reaching approximately $8.95 per month. Critics argue that these continuous price hikes are unreasonable and will burden many Georgians already struggling with rising costs.

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