Georgia Power says nuclear plant remains on budget

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Updated: 10:18 PM Oct 28, 2011 Georgia Power says nuclear plant remains on budget Georgia Power estimates its share of the project to build two new reactors at Plant Vogtle near Augusta will be $18 million less than the roughly $6.1 billion approved by utility regulators. Posted: 10:15 PM Oct 28, 2011 Reporter: The Associated Press	Vogtle Electric Generating Plant, Burke County, Georgia. (File / WRDW-TV)

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Friday, Oct. 28, 2011

ATLANTA (AP) — Georgia Power says construction of a $14 billion nuclear power plant remains on budget.

The subsidiary of the Atlanta-based Southern Co. reported Friday that it estimates its share of the project to build two new reactors at Plant Vogtle near Augusta will be $18 million less than the roughly $6.1 billion approved by utility regulators.

The company gave that estimate as it asked regulators at the Public Service Commission to approve its spending for the first half of 2011.

Georgia Power says it expects to get a license from the U.S. Nuclear Regulatory Commission to build the reactors late this year or early next year. The utility also says it has increased spending on workers so it can provide more project oversight. It did not offer more details.