Debate over financial risks for Georgia nuclear plant
Georgia Power Members of the state's Public Service Commission PSC will soon meet amid a debate over who should pay the bills if the cost of building two more reactors at Plant Vogtle near Waynesboro is more than expected.
A senior PSC staff member has proposed the risk should be split between the electric company and its customers. Under that plan, Georgia Power would get a boost in its earnings for finishing Plant Vogtle under budget. If costs go too high, the utility's profits would be reduced.
Georgia Power executives say the plan could penalize the company without taking into account the reason for cost overruns.
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'Unbelievably dangerous': NB Power sounds alarm on copper theft after vandalism, deaths
FREDERICTION - New Brunswick's power utility is urging people to stay away from its substations, saying the valuable copper they contain is proving hard to resist for thieves.
NB Power has seen almost as many incidents of theft and vandalism to its property in April and May of this year, than in all of last year.
In the 2018-2019 fiscal year, the utility recorded 16 cases of theft and/or vandalism.
In April and May, there have already been 13 cases.
One of those was a fatal incident in Bathurst. On April 13, a 41-year-old man was found unresponsive and later died, after breaking into…
