ATLANTA, Aug. 18, 2015 /PRNewswire/ -- Georgia Power
announced today verification and approval by the Georgia Public
Service Commission (PSC) of $169
million in capital and construction costs submitted as part
of the 12th Vogtle Construction Monitoring (VCM) Report.
The Georgia PSC reviews costs for the project every six months and
has unanimously verified and approved all costs submitted by the
company since the project began. Through December 31, 2014, the period covered in the
12th VCM Report, Georgia Power's construction and
capital investment in the Vogtle nuclear expansion is approximately
$2.96 billion.
As part of the 12th VCM Report, Georgia Power
reported substantial progress at the construction site near
Waynesboro, including the
placement of the containment vessel lower ring and structural wall
module CA05 in the Unit 3 nuclear island. Most recently, Georgia
Power announced the August placement of the CA01 module for Vogtle
Unit 3 – the heaviest "lift" of the project to date at 2.28 million
pounds.
The expansion at Plant Vogtle is part of Georgia Power's
long-term plan for providing safe, clean, reliable and affordable
energy for Georgians well into the future. Once units 3 and 4 join
the existing two Vogtle units already in operation, Plant Vogtle is
expected to generate more electricity than any U.S. nuclear
facility, enough to power more than one million homes and
businesses in Georgia.
Southern Nuclear, a subsidiary of Southern Company, is
overseeing construction and will operate the two new 1,100-megawatt
AP1000 units for Georgia Power and co-owners Oglethorpe Power
Corporation, the Municipal Electric Authority of Georgia and Dalton Utilities. Georgia Power
owns 45.7 percent of the new units.
About Georgia Power
Georgia Power is the largest
subsidiary of Southern Company (NYSE: SO), one of the nation's
largest generators of electricity. Value, Reliability,
Customer Service and Stewardship are the cornerstones of the
company's promise to 2.4 million customers in all but four of
Georgia's 159 counties. Committed
to delivering clean, safe, reliable and affordable energy at rates
below the national average, Georgia Power maintains a diverse,
innovative generation mix that includes nuclear, 21st century coal
and natural gas, as well as renewables such as solar, hydroelectric
and wind. Consistently recognized as a leader in customer
service, Georgia Power was recently ranked highest in overall
business customer satisfaction among large utilities in the South
by J.D. Power and Associates. For more information, visit
www.GeorgiaPower.com and connect with the company on Facebook
(Facebook.com/GeorgiaPower) and Twitter
(Twitter.com/GeorgiaPower).
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SOURCE Georgia Power