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Georgia Power to Pay $413 Million to Settle Nuclear Plant Cost Dispute

Por: MarketWatch Business October 06, 2023

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Georgia Power has also agreed to cover a portion of future construction costs, which is currently estimated to equal about $105 million, based on the current project capital cost forecast. The utility will cover two thirds of any costs incurred above the current forecast. Southern Co. said in a securities filing that Georgia Power expects to record a $114 million after-tax charge for the third quarter as a result of the settlement. The deal... + full article



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