Even the owners want out of the Plant Vogtle Boondoggle

Jonathan Grant @Brambleman Here’s the latest on the Plant Vogtle disaster from the AJC: The survival of those two new nuclear reactors under construction at Plant Vogtle just got more complicated. The electrical membership coop run by the city of Jacksonville, Fla., wants out of the deal. Here’s why that matters: Earlier this month, we got the news that the cost of the two reactors had gone up by $2.3 billion – only a few months after the state Public Service Commission approved the lower amount. The full price of the Vogtle upgrade is now $27 billion, double what was originally estimated and five years behind schedule. The increase requires investors in the project to re-affirm their decision to move forward by Sept. 30. Georgia…

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PSC Candidate John Noel to Georgia Power: Give tax savings to consumers

As a result of the federal government’s recent corporate tax cuts effective this year, utilities will save millions of dollars on their tax bills. Many electric utilities are announcing plans to pass on recently-enacted federal tax cuts to their customers. The New York Times reports: In recent days, electric companies in Massachusetts, Illinois, Oregon and other states have announced plans to pass their tax cuts on to customers through lower rates. On Tuesday, Pepco, which provides power to nearly 300,000 customers in Washington, D.C., said it would cut rates beginning in the current quarter. But with Georgia Power and its parent, Southern Company, scrambling to find cash to complete the $25-billion-and-counting Plant Vogtle boondoggle near Augusta, you gotta wonder if they have other ideas…

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Stacey Evans, Stacey Abrams statements on Georgia PSC Plant Vogtle decision

From the Twitterverse What Vogtle decision? The one today that told Georgia Power to keep building, with no cost cap. It’s at $25 billion and counting, and several years behind schedule, but Get ‘er done! Article here. Stacey Abrams tweeted her statement out today. Greg Bluestein tweeted Stacy Abrams’ statement. Both presented with minimal editing. For Georgia Public Service Commission candidate John Noel‘s statement, click here. Previously, the two Democratic gubernatorial candidates had seemed to diverge. In today’s statements, Evans stays true to form and Abrams shifts left, perhaps realizing her previous response left something to be desired. She’s still all about those workers.   Stacey Evans In my law career, I’ve forced companies that fleeced the taxpayer to pay up, and…

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Democratic candidate speaks out on Georiga PSC’s Okey-doke for Plant Vogtle

Go to John Noel’s tweet to reply or RT. Democratic Georgia PSC candidate John Noel, who’s challenging commissioner Chuck Eaton in in 2018, issued a statement criticizing the decision. noting “Christmas comes early for Georgia Power”: “Georgia Power got what it wanted. This decision to approve continued construction on Plant Vogtle Units 3 and 4 means even more money will be poured down this bottomless rat hole. The main concern of the PSC and Georgia Power now is how best to put a positive spin on the costly boondoggle. But the people of Georgia are fed up with the long stream of rationalizations and broken promises about Vogtle. It’s time we had Commissioners with the fortitude to place blame where it belongs…

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Georgia PSC-Vogtle update: All’s hell that ends hell

  The Georgia Public Service Commission is one day away from some kind of deal on Plant Vogtle’s completion. Meanwhile, Congress has put off dealing with nuclear tax credits, which Southern Company desperately needs, until next year. Heavily redacted emails show lobbyists pitching completion of Plant Vogtle as a “national security issue”—although many would argue that nuclear plants make great targets for terrorists. Then there’s this: The PSC staff—not a big fan of Vogtle completion–weighs in with harsh criticism of Georgia Power. EnergyWire reporter Kristi E. Swartzwrites: ATLANTA — The Georgia Public Service Commission staff attacked Georgia Power Co. for its role in what is now two half-built nuclear reactors that are billions of dollars over budget. In a brief filed with the PSC, the staff said Georgia…

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