Georgia commission approves expenses in Fifteenth Plant Vogtle Construction Monitoring Report

The Georgia Public Service Commission unanimously approved and verified this week Georgia Power’s $141 million in expenditures on the Plant Vogtle Nuclear Power Construction Project for Jan. 1, 2016, through June 30, 2016.

The ruling acknowledges that Georgia Power spent the funds on the project, the amount of which is within the Commission-certified construction cost. The decision also approved total capital costs of $3.68 billion and closes out the Fifteenth Semi-Annual Vogtle Construction Monitoring Report.

The company filed the report Aug. 31, 2016. The Commission held two hearing on the report in November and December 2016.

“The Plant Vogtle project continues to make progress despite well publicized setbacks,” Commission Chairman Stan Wise said. “I believe that in the long run this project, when completed, will provide reliable, stable and carbon free electricity for many generations of Georgians.”

Plant Vogtle is a nuclear power electric generating plant near Waynesboro, Georgia. Units One and Two of the plant have been in operation since 1987 and 1989, respectively. When Units Three and Four are completed, they will generate 2,200 megawatts of electricity.

The Georgia Public Service Commission approved Georgia Power’s portion of the costs of the construction of Plant Vogtle Units Three and Four on March 17, 2009 at $6.114 billion. Georgia Power owns 45.7 percent of Plant Vogtle with its partners, Oglethorpe Power Corporation, Municipal Electric Authority of Georgia, and the City of Dalton Utilities.