Wednesday
Jul042012
CWIP has cost GA & SC ratepayers $1.4 billion so far for new reactors
Inter Press Service reports that Georgia ratepayers have already been charged nearly $1.5 billion in CWIP surcharges for the proposed new Vogtle 3 & 4 AP1000s, suffering skyrocketing cost overruns of nearly a billion dollars, and construction problems (bad foundations, concrete, and rebar) leading to long schedule delays.
Harvey Wasserman reports that a similar amount has been charged to South Carolina ratepayers for two proposed new AP1000s at Summer nuclear power plant.