Georgia PSC approves construction costs of nuclear power units
The Georgia Public Service Commission (PSC) has approved Georgia Power's spending on Plant Vogtle units 3 and 4 for the period including 1 January 2011 through 30 June 2011.
The construction costs of the two nuclear power units are monitored by the PSC through monthly filings and construction monitoring reports filed every six months.
Georgia Power, a unit of Southern Co, owns 45.7% of the new power units which are expected to commence operations as soon as 2016 and 2017.
The US Nuclear Regulatory Commission has recently approved Southern Co's request to build and operate the new reactors at its existing Vogtle site in Georgia.
Southern Co subsidiary Southern Nuclear is set to commence full-scale construction of the nuclear power units.