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GA HR1169
Resolution
Status
3/30/2022
Primary Sponsor
Becky Evans
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AI Summary
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Urges the Georgia Public Service Commission to protect electric customers from paying for Plant Vogtle Units 3 and 4 cost overruns, construction mistakes, and do-overs, and to prohibit Georgia Power from earning profits on those overruns
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Notes that actual construction costs have exceeded the original $15 billion estimate by 100%, with ongoing costs of approximately $100 million per month and no reliable completion date
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States that customers have already paid over $3.5 billion in nuclear construction surcharges (averaging $850 per household), while Georgia Power has posted $12.8 billion in profit since construction began, with profits jumping more than 20%
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Cites significant construction problems including nearly 10,000 missing required documents, numerous wiring mistakes requiring correction, and substantial remaining Nuclear Regulatory Commission ITAAC testing (30% incomplete for Vogtle 3 and 70% incomplete for Vogtle 4)
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Resolves that it would be unfair for electric utility customers to bear costs resulting from mismanagement, delays, and construction do-overs, and urges the Public Service Commission to exercise its authority to shield ratepayers from these expenses and associated profits
Legislative Description
Public Service Commission; pursue actions to protect electric customers from paying for Voglte cost overruns, construction mistakes, and profits on said cost overruns and construction mistakes; urge
Last Action
House Second Readers
4/4/2022