Georgia Power Archives – Page 2 of 4

Georgia Voter’s Guide: Did your legislator vote to let Georgia Power charge you $100 a year upfront for Plant Vogtle?

Jonathan Grant @Brambleman Go on, scroll down to the list of pro-Vogtle legislators if you want. I don’t blame you. My state senator is on it. That $100 a year fee on your Georgia Power bill is called the Nuclear Construction Cost Recovery Fee. The Georgia Public Service Commission voted recently to lower it by a buck a month, but it wasn’t tightening the leash on Georgia Power, because that’s not how the PSC rolls. The reduction is a result of a lower corporate tax rate and a payback from bankrupt nuclear contractor Toshiba. The money pit Georgia Power’s Plant Vogtle: What’s the cost now—$30 billion? The sad truth is that it doesn’t matter, because the cost will go up again. The…

Fran Millar’s pro-Georgia Power vote still hurting ratepayers

Photo credit above (AP) Jonathan Grant @Brambleman UPDATE: The Vogtle Voter’s Guide is out: Check and see if your legislator voted to raise your Georgia Power bills $100 a year upfront for building a nuclear power plant that may not get finished. I wrote a post earlier today about a pack of Georgia legislators who are getting antsy about Georgia Power’s Plant Vogtle and they want cost caps, so they wrote a letter. SB 31: All politics is local You know who didn’t sign the letter? My state senator, but then again, I’ve never thought of him as pro-consumer. In 2009, then-State Rep. Fran Millar voted in favor of SB31, Georgia Power’s infamous enabling legislation that overrode the Public Service Commission in order…

Georgia legislators attempt to flee Plant Vogtle’s monumental cost overruns

Jonathan Grant @Brambleman UPDATE: The Vogtle Voter’s Guide is out: Check and see if your legislator voted to raise your Georgia Power bills $100 a year upfront for building a nuclear power plant that may not get finished. * * * Big old mess in the middle of the swamp. Twenty-two legislators have written a letter calling on the folks inflicting Georgia Power’s nuclear Plant Vogtle on us to cap the costs. This on top of partners wanting out of the project–even after the Georgia Legislature, PSC, and even the Feds have given Georgia Power everything it wanted in the way of tax breaks, corporate welfare, and other people’s money. Read more. Anyway, the trouble-plagued (how much does it cost now? $27…

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…

Solar-powered Georgia PSC candidate John Noel builds momentum, takes lead in cash on hand

When looking at Georgia Public Service Commission races, it’s no surprise to see utility money flowing into GOP incumbents’ coffers. It’s the way they play the game. The shocker this year is that environmentalist John Noel—who is definitely not counting on utility support in his bid to unseat Chuck Eaton—has the most cash on hand of any candidate, Democrat or Republican. With only three months to go before the primary, this should be especially alarming to the competition. Not only that, but the news follows a whirlwind day in Athens for Noel that included a half-dozen media interviews and an enthusiastic response to his message: Ruth Pannill, president of Young Democrats of UGA, saw Noel speak at the Athens-Clarke County Democrats meeting…

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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