Georgia Power’s parent company touts earnings as customers brace for higher bills

Unit 3’s reactor and cooling tower stand at Georgia Power Co.'s Plant Vogtle nuclear power plant on Jan. 20, 2023, in Waynesboro, Ga. Company officials announced Wednesday, May 24, 2023, that Unit 3, one of two new reactors at the site, would reach full power in coming days, after years of delays and billions in cost overruns. (AP Photo/John Bazemore, File)

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The first new nuclear reactor at Plant Vogtle is expected to start generating electricity for customers by the end of next month, Southern Company officials announced at the annual shareholders meeting Wednesday.

Southern Company is the parent of Georgia Power, which is the state’s largest utility and owns a majority stake in the new nuclear project.