Georgia Public Service Commission gives go-ahead to Georgia Power’s Plant Vogtle

By Jonathan Grant @Brambleman I’ll have more in the hours and days to come, but here’s the gist of today’s Georgia Public Service Commission 5-0 decision to approve continued construction on Plant Vogtle Units 3 and 4, with conditions. Watch the one-hour meeting on PSC’s livestream feed. Download a pdf of Tim Echols Motion in Docket 29849  Key rulings: Motion made by Tim Echols, as expected; no cost caps and a lowered return on equity on the Units from 10 percent to 8.3 percent. Original motion called for an 8.7 ROE. Commissioner Lauren McDonald introduced a motion to lower the ROE  further, but his motion died for lack of a second. Georgia Power will pass through bankrupt contractor Toshiba’s settlement payment to ratepayers in…

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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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Must-read article on passage of SB 31 shows how Georgia got into Vogtle Mess

I am so sick and tired of Georgia Power’s lies and corruption. I was the PSC’s spokesman during the 1980s, and back then, commissioners would oppose legislation like SB 31 that usurped the PSC’s power. For the past decade, with this crowd on the commission cheering it on, Georgia Power has gotten its way. It’s disgusting. Plant Vogtle should be the biggest issue in 2018. That’s why I’m backing John @NoelforPSC. From the AJC: Seventy years ago, two Emory University graduates set out across the state asking a simple yet profound question: Who runs Georgia? The answer, as Calvin Kytle and James A. Mackay later wrote: the railroads and Georgia Power. The utility, in particular, held such sway over legislators that an Atlanta…

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Georgia PSC chairman Stan Wise hates John @NoelforPSC and showed it

John Noel showed up to speak at a Georgia Public Service Commission meeting today, ready to talk solar and conservation but mainly no Vogtle. He was not allowed. So he look a picture (above). Vogtle is the subject up for debate at the commission. The commissioners haven’t really been debating Vogtle, of course. Shoulda, but instead the five merry Republicans have been rubber-stamping utility requests like Harpo Marx. Commissioners are so deep in bed with Georgia Power/Vogtle that they’ve been reaching over and shutting off the company’s alarm clock every morning for years. Now, a wake-up call. Or two. Hell, make it twenty-five billion. Despite gaming the system completely and constantly getting its way at the Commission and Georgia General Assembly, Southern Company…

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Georgia Public Service Commission candidate John Noel blasts PSC over Vogtle report

Read “John Noel runs with the sun” Watch video feature “Sticking it to the Man!” Visit John’s website On Twitter: @NoelforPSC  Follow John on Facebook NEWS RELEASE December 5, 2017 Contact: Gaela Peters; gaela@noelforpsc.com Georgia PSC candidate Noel blasts Commission over newest Vogtle Revelation Atlanta –  Public Service Commission candidate John Noel has come out swinging about Plant Vogtle after the PSC Staff called for Southern Company stockholders to bear a large share of Georgia Power’s cost overruns on the increasingly expensive nuclear project. In its filing Friday, the PSC staff “concludes that completion of the (Vogtle) Project is no longer economic … given the additional costs and schedule delays.”  The “economic benefit” of finishing the project would be negative $1.6 billion, according…

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