Georgia Power Co. now says that 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.
With overruns announced Thursday, the project will cost its owners nearly $30 billion.
Georgia Power parent Southern Co. is taking a further $920 million loss on Vogtle. Southern warns it could lose another $460 million depending on how a dispute with Vogtle co-owners turns out. Georgia Power’s 2.6 million customers are already paying financing cost for Vogtle on monthly bills.
$30B Georgia Power nuclear plant delayed up to 6 more months
Georgia Power