Dive Summary:
- Georgia’s Public Service Commission began hearings Thursday to decide if Georgia Power customers will absorb the $700 million cost overruns spent on the Vogtle nuclear plant expansion project.
- Georgia Power is requesting the project's price tag increase from $6.1 billion to more than $6.8 billion. Plant project manager Buzz Miller has argued that unforeseen costs are due to unexpected supply chain mishaps outside the company’s control.
- Commissioner Tim Echols says his priority is ascertaining if Georgia Power did everything in its power to avoid the overruns.
From the article:
“The PSC, which must sign off on project costs every six months, will continue hearings on the company’s latest request August 13th and 14th and September 12. The commission will vote October 15. “