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- W4262068 abstract "Users throughout the state of Georgia may see their electricity rates rise 35 to 50% if a bill on nuclear power plant costs now pending before the state legislature is passed. The hikes will go to pay for the $7.2 billion Vogtle nuclear power plant, which is now under construction. The bill, backed by Georgia Power Company, which owns about half the plant, would limit Public Service Commission hearings to discussion of when and how - but not how much of - the plant's cost would be allowed into the rate base, opponents claim. This would virtually ensure that all of the costs would be passed along to ratepayers, they say. The hikes might be reduced if the normal regulatory review were allowed, they claim. The bill does, however, assure customers of Georgia Power Company and other utilities that the rate hikes will be spread out over three to six years. But the Public Service Commission says it already has the authority to spread out the hikes, and the bill will only limit its powers." @default.
- W4262068 created "2016-06-24" @default.
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- W4262068 date "1985-04-15" @default.
- W4262068 modified "2023-09-25" @default.
- W4262068 title "Georgia N-plant hike of 35-50% pits PSC against lawmakers" @default.
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