The Latest: Georgia Power praises decision to OK nuke plant
ATLANTA (AP) — The Latest on the Georgia Public Service meeting about construction of new nuclear generators at a power plant (all times local):
12:35 p.m.
Georgia Power is praising the decision to allow construction of a multibillion-dollar nuclear plant to continue in east Georgia.
In a statement, the utility called the Public Service commission's decision on Plant Vogtle important to the energy future of Georgia and the U.S.
In a news release, the utility notes there are new penalties for delays and cost increases in addition to penalties included in a previous agreement with the PSC. It also says shareholders will take a hit, noting they will "see a significant impact" of about $750 million through November 2022.