A group of powerful state senators wants to limit the money Georgia Power can collect from ratepayers for the construction of nuclear power plants in Georgia.
The proposal (SB355), sponsored by a group of Republican and Democratic senators, says utilities could not collect financing fees for a project beyond its initial completion date.
This would directly affect the expansion at Plant Vogtle near Augusta, which is running five years behind schedule, and has doubled in cost to more than $22 billion. That is more than double the cost when expansion began.
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