Business

Ga. Power blows budget; Says customers must pay

By Matt Kempner
April 15, 2016

What do you call overruns on a project that’s more than three years delayed and at least $1.7 billion over budget?

“Reasonable” and “prudent.” At least if you are Georgia Power and you want to win state approval for customers to swallow every penny of the mistakes that would otherwise be the utility monopoly’s responsibility for its adventures in nuclear expansion.

Find out what went wrong and how much Georgia Power customers are already paying for the massive, but unfinished, nuclear push, in the latest Unofficial Business column on myAJC.com.

About the Author

Matt Kempner is an award-winning journalist who seeks out intriguing twists about people and subjects beyond what the AJC might typically cover. A former columnist and editor, his past assignments have included business investigations, energy, the economy, entrepreneurs, big business, consumer spending, politics, government and the environment.

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