Georgia Power customers will receive the third $25 credit for the Vogtle nuclear expansion on bills this month.
A total of $75 in 2018 bill credits, or $188 million overall, were approved by the Georgia Public Service Commission (PSC) as part of its order to continue construction of Vogtle 3 & 4 in December 2017. Customers also received separate $25 credits in April and July.
The 2018 bill credits are a direct result of parent guarantee payments for the Vogtle project from Toshiba available due to the strength of the original contract for the project and protections in place for Georgia electric customers.
Vogtle 3 and 4 are the nation’s only new nuclear units under construction with new progress made every day at the construction site near Waynesboro, Georgia.
Most recently, Georgia Power announced the placement of the third 1.4 million-pound steam generator for the project. Steam generators, measuring nearly 80 feet long, are heat exchangers used to convert water into steam using the heat produced in a nuclear reactor core. Four steam generators are needed for the new units with the final steam generator onsite and expected to be placed in the coming months.
To learn more about Georgia Power’s commitment to safe, clean, reliable and affordable energy, including the Vogtle 3 & 4 nuclear expansion, visit www.GeorgiaPower.com.