Will You Have to Pay Plant Vogtle Price Tag? - Local news, weather, sports Savannah | WSAV On Your Side

Will You Have to Pay Plant Vogtle Price Tag?

Posted: Updated:
HUTCHINSON ISLAND, GA -

$737-million dollars.  That's how much more money Southern Company says they now need to complete the first nuclear plant building project in 30 years.  

The question is, who will pay for it?

As of now, the project is now going to cost $6.86 billion.

Southern Company, who owns 46% of the reactors, blames licensing delays and production problems for the cost overruns.  

While in the past Governor Nathan Deal has blamed environmental groups' lawsuits against the Vogtle project for the ever rising price tag.

When News 3 asked the Governor who should pay that whopping $737 million, the public or Georgia power, he passed the buck. Governor Deal says the decision is in the hands of the public service commission, but he did admit the debate is a viable one.

"There are certainly points to be made on the side of those who say the company should absorb more of the cost and not pass it on to rate payers. Certainly if that could be done that would be a good solution," said Governor Nathan Deal. "But I think we can't lose sight of the fact that those two nuclear reactors will be the first new nuclear reactors in the United States in several decades and its in my opinion a necessary impact of keeping the state of Georgia with adequate power resources."

All these the cost overruns would end up in power customers' pockets if state regulators don't object, and make the company foot the bill.

Construction is supposed to be finished in late 2017, but work already may be as much as 14 months behind schedule.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Venice pilot issues apology, explanation on deadly beach crash

    Venice pilot issues apology, explanation on deadly beach crash

    Tuesday, July 29 2014 7:24 PM EDT2014-07-29 23:24:51 GMT
    A statement from Karl Kokomoor is read by the pastor as his wife (far left) listens.A statement from Karl Kokomoor is read by the pastor as his wife (far left) listens.
    The pilot of the plane that crashed on Caspersen beach on July 27th killing a father and his 9 yr old daughter released a statement through the pastor of his church late Tuesday. As the pastor read the statementfrom Karl Kokomoor, the pilot's wife listened as details of what happened during thedeadly plane crash were revealed in a press conference at the church.
    The pilot of the plane that crashed on Caspersen beach on July 27th killing a father and his 9 yr old daughter released a statement through the pastor of his church late Tuesday. As the pastor read the statementfrom Karl Kokomoor, the pilot's wife listened as details of what happened during thedeadly plane crash were revealed in a press conference at the church.
  • Sheriff's Office showcases "Faces of Meth" program as a lesson to all

    Sheriff's Office showcases "Faces of Meth" program as a lesson to all

    Monday, July 21 2014 11:33 AM EDT2014-07-21 15:33:26 GMT
    Faces of Meth™ is a project of the Multnomah County Sheriff's Office in Oregon. This project began when a deputy in the Corrections Division Classification Unit, Deputy Bret King, put together mug shots of persons booked into the Multnomah County Detention Center. Deputy King worked with his co-workers in the Classification Unit to identify people who had been in custody more than once. He then worked to verify criminal records and files to determine and assure a history of methamphetamine re...
    Faces of Meth™ is a project of the Multnomah County Sheriff's Office in Oregon. This project began when a deputy in the Corrections Division Classification Unit, Deputy Bret King, put together mug shots of persons booked into the Multnomah County Detention Center. Deputy King worked with his co-workers in the Classification Unit to identify people who had been in custody more than once. He then worked to verify criminal records and files to determine and assure a history of methamphetamine re...
  • MUGS: 36 Arrests In Greenville Prostitution Sting

    MUGS: 36 Arrests In Greenville Prostitution Sting

    Wednesday, February 26 2014 12:58 PM EST2014-02-26 17:58:17 GMT
    The Greenville County Sheriff's Office, along with 26 other agencies throughout 15 states, participated in the event during National Day of Johns Arrest.The Greenville County Sheriff's Office, along with 26 other agencies throughout 15 states, participated in the event during National Day of Johns Arrest.
    The Greenville County Sheriff's Office, along with 26 other agencies throughout 15 states, participated in the event during National Day of Johns Arrest.
    The Greenville County Sheriff's Office, along with 26 other agencies throughout 15 states, participated in the event during National Day of Johns Arrest.
Powered by WorldNow

1430 East Victory Drive
Savannah, GA 31404

Telephone: 912.651.0300
Fax: 912.651.0320
Email: newsemailalert@wsav.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.