Georgia Power pays more in property taxes with Vogtle growth

Friday, Feb. 1, 2013 11:09 AM
Last updated 9:31 PM
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Do you think your property taxes increased this year?

Georgia Power Co.’s certainly did.

The primary co-owner of Plant Vogtle paid Burke County $19.6 million in property taxes this week – up substantially from last year’s bill of $17 million.

The increase, according to company officials, is the result of the increasing value of the site, where two nuclear reactors are under construction to supplement the two existing units.

The project – whose other owners are Oglethorpe Power, Municipal Electric Author­ity of Georgia and Dalton Utilities – accounts for about 67 percent of the rural county’s tax digest, Chief Appraiser Phillip Wren said.

The tax bills for the utility are calculated in Atlanta by the Georgia Department of Revenue, using a formula that takes into account the utility’s other holdings.

Georgia Power’s parent company, Southern Nuclear, is also the county’s largest employer, followed by the county Board of Education, the county commission and Walmart, according to the county’s Web site.

 
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