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Regulators approve deal to pay for Georgia Power's new nuclear reactors
Vogtle
Units 3, left, and 4 and their cooling towers stand at Georgia Power Co.'s Plant Vogtle nuclear power plant, Jan. 20, 2023, in Waynesboro, Ga. Georgia's Public Service Commission voted 5-0 on Tuesday, Dec. 19, 2023, to approve a 6% rate increase for remaining costs that will take effect once Unit 4 begins commercial operation. (JOHN BAZEMORE/AP file)
ATLANTA — Almost 15 years of wrangling over who should pay for two new nuclear reactors in Georgia and who should be accountable for cost overruns came down to one vote Tuesday, with the Georgia Public Service Commission unanimously approving an additional 6% rate increase to pay for $7.56 billion in remaining costs at Georgia Power Co.'s Plant Vogtle.
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