The first new U.S. nuclear reactor built from scratch in decades has begun generating electricity
. Workers quit for other jobs and the COVID-19 pandemic led to high absenteeism.
Georgia Power's residential customers will begin paying an additional $3.78 per month as soon as Unit 3 achieves commercial operation. But the final bill won't come until Unit 4 is complete. Commissioners must then decide how much of Georgia Power's spending was prudent while disallowing wasted amounts. Commissioners earlier approved $5.7 billion as prudent, but Bryan Jacob of the Southern Alliance for Clean Energy said “management failures” should be scrutinized.
Womack said Georgia Power won't try to collect for all overruns, promising a “balanced” outcome. Southern Co. has written off $3.26 billion in Vogtle losses since 2018, suggesting it won't recoup those costs. “It’s one of the first units that come online, because from an operational expense, it’s the lowest cost energy that’s available,” Womack said.Tennessee Valley Authority
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