"Georgia Power Says Price of Nuclear Expansion Going Up"

"Georgia Power filed documents Friday acknowledging more delays and cost increases tied to its massive nuclear expansion of Plant Vogtle south of Augusta.

The project’s price tag is on track to hit just above $7.5 billion, based on figures in the company’s new filing to the Georgia Public Service Commission. That factors in higher costs as a result of an 18-month delay that the state’s largest utility disclosed late last month, as well as previous pushbacks.

The company asked state regulators to certify certain cost increases."

Matt Kempner reports for the Atlanta Journal-Constitution February 27, 2015.

Source: Atlanta Journal-Constitution, 03/02/2015