January 16, 2009
ATLANTA -- A state lawmaker wants to give Georgia Power Co. the ability to bill ratepayers for its investment in a nuclear plant expansion before construction even begins.
State Sen. Don Balfour plans to introduce legislation on Friday that will allow Georgia Power to start charging ratepayers right away for the $2 billion in interest on a $14 billion expansion at its Plant Vogtle site, near Augusta. If the bill passes, Georgia Power electric customers could pay about $1.32 more a month on their bills.
The consumer group Georgia Watch said the proposal saddles residents with costs of the project before they ever see a benefit.
But Balfour, a Snellville Republican, said it will save ratepayers money in the long term.
Copyright 2009 by The Associated Press. All Rights Reserved.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.