Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, March 2, 2012

Who's Paying for a Nuclear Resurgence?

Who's Paying for a Nuclear Resurgence?

Pamela Coyle, EnergyBiz
If the United States is to see a nuclear power renaissance, rate increases in many states will kick in long before the plants are operational. For utility customers in Georgia, South Carolina and Florida they already have.Georgia Power, part of Southern Co., announced a monthly increase of 57 cents for the average customer beginning January 2012 for financing two additional nuclear reactors at Plant Vogtle near Augusta. The first such increase, $3.73, took effect in January 2011.

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