Utility regulators have approved Southern Co.’s spending while building two more nuclear reactors at Plant Vogtle in eastern Georgia.
The Public Service Commission voted Tuesday to approve construction spending by Southern Co. subsidiary Georgia Power for the six-month period ending in December. At the time, Georgia Power said its share of the $6.1 billion project was tracking about $28 million under budget.
A monitor working for the commission, William Jacobs Jr., has warned that several factors could push the price tag higher for the nuclear power plant. The companies designing and building the two new reactors want Georgia Power to pay $425 million to compensate them for licensing delays. Georgia Power disputes it’s responsible for those charges.
Jacobs has also questioned whether a key supplier can manufacture parts on schedule.