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Georgia power today filed an update for the nuclear construction cost recovery nccr tariff with the georgia public service commission psc indicating customers will pay 139 million less for the plant vogtle expansion in 2018.
Georgia power nuclear construction cost recovery. Georgia power wants to charge you for your solar power atlanta 20 replies nuclear construction cost recovery atlanta 4 replies preparing for nuclear war atlanta 15 replies data recovery in atlanta atlanta 1 replies cost to close construction gap between roof deck and fascia atlanta 0 replies. 1 2020 at 409 pm. 462 25c1 and the commissions certification order in docket no.
The costs of expanding georgia powers nuclear plant are growing. The nuclear construction cost recovery rider is a surcharge created by state legislative mandate sb 31 passed in the 2010 general assembly that became effective january 1 2011 to recover financing costs associated with the construction of two new nuclear units at plant vogtle. Under georgia powers nuclear construction cost recovery nccr plan with cwip in rate base and the 2016 stipulation customers incur less interest on interest expenses.
The nuclear construction cost recovery rider is a surcharge created by state legislative mandate sb 31 passed in the 2010 general assembly that became effective january 1 2011 to recover financing costs associated with the construction of two new nuclear units at plant vogtle. By associated press wire service content aug. The nuclear construction cost recovery schedulenccr will recover the cost of financing associated with the construction of a nuclear generating plant which has been certified by the commission in accordance with ocga.
The construction and financing costs are then added to customers rates over the life cycle of the plant. That legislation allowed for the nuclear construction cost recovery line item on every georgia power bill. 1 2020 by associated press wire service content aug.
Cwip is listed on your georgia power bill as nuclear construction cost recovery and the amount is a 7 hidden tax on your electricity use every month. If your electricity provider is a local utility and they are in georgia they are charging you cwip whether they list it on your bill or not. This nuclear construction cost recovery fee adds 10 to your electric bill every month.
According to georgia watch a consumer advocacy group the average residential georgia power customer has paid nearly 600 towards plant vogtle since 2011. All other georgia electricity providers with a small handful of exceptions are partners in the construction of vogtle 3 and 4 and are also charging their customers the hidden.
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