Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on financial promises to one of its nuclear reactor partners.
The payments to Oglethorpe Power Corp., announced Friday, could hold down future bills for millions of electric cooperative customers in Georgia.
Oglethorpe sued Georgia Power in June 2022 in a contract dispute over who should pay for cost overruns for a third and fourth reactor at Plant Vogtle, southeast of Augusta.
Read this story and all our reporting for free â forever.
Sign up for our newsletter to support WABEâs mission of delivering independent, in-depth journalism â and hand-picked NPR stories that matter to Atlanta.
We will never share your email address with others. How does your newsletter sign-up support WABE and Public Media...
