Plant Vogtle costs under scrutiny

ATLANTA  - Utility regulators are examining Georgia Power's costs for building two more nuclear reactors at an electrical plant in eastern Georgia.

The state Public Service Commission will start a hearing today on the pricetag of the estimated $14 billion project to expand Plant Vogtle. The Southern Co. subsidiary says the projects remains on schedule and under budget.

If costs exceed allowed ranges, the commission could force the utility to make changes. The commission plans to make a final decision by Aug. 17.

Major construction cannot begin until the U.S. Nuclear Regulatory Commission approves the new reactors. That decision is expected next year.

The cost-monitoring system was created after the first reactors at Plant Vogtle ran into major construction delays and cost far more than expected.

 

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