Georgia, home to the most expensive electric power plant in the world...
and the question of: "Who Pays For the Mistakes ?"
"I'm supposed to pay for mistakes and a profit on mistakes
HR 323 and SR 300 is action and light on the biggest financial situation for Georgians in modern Georgia history
First legislative pushback on paying for mistakes at theVogtle Venture
A first step remedy to the 2009 law that let Georgia Power take surcharges based on a lower price Venture and lower electric bills.
Georgia House Resolution 323
Georgia Senate Resolution 300
Resolution urging the Public Service Commission to pursue actions that will protect 2,700,000 electric customers from unjustly paying for construction mistakes, delays, and corrections at Plant Vogtle reactors three and four and that will prohibit Georgia Power from Profiting on those construction mistakes, delays, and corrections.
SR 300 Has 23 Bipartisan Senate Signers...almost 1/2 of the Georgia Senate!
HR 323 Is at the Natural Resources & Environment Committee and needs a hearing in the committee.
If one of these committee members is YOUR REPRESENTATIVE,
LET THEM KNOW THAT
YOU WANT TO NOT PAY
FOR MISTAKES AT VOGTLE.
Mary Frances Williams
Noel Williams, Jr.
The typical household customer has already paid $1,000.00 in the 5-years-too-long surcharges to finance Georgia Power's Venture.
SO, NOW, Do you want to
pay a profit
on Georgia Power's costly mistakes at their Vogtle Venture ?
NCCR The Surcharge you are paying 5 extra years... Your money monthly free to Georgia Power!
If you are a Georgia Power
Are you one of 2,700,000 Georgia Power customers in 155 counties being set-up to pay for mistakes, and pay a profit on mistakes?
Do you have a small business that is being set up to pay for someone else's mistakes?
If you are a Georgia Power customer...
Georgia Power and The Georgia Public Service Commission are planning to make customers pay for construction mistakes, re-do work, mismanagement, and delays at reactor Vogtle Venture.
Georgia Power aims to have us cover their mistakes and PAY THEM A PROFIT
ON THEIR MISTAKES !
"I'm supposed to pay for mistakes and a profit on mistakes
NO DAMN WAY!"
No Overrun Profits In Georgia
NOTE: The present Georgia Public Service Commission ABSOLUTELY HAS NOT and WILL NOT PROTECT customers.
"Was it Bait-and-Switch"
in 2009 ?
Vogtle 3&4 costs are $Billions over the original 2009 $14Billion bait.
Georgia PSC Commissioners have consistently ignored the PSC professional staff and have NEVER PROTECTED Georgians from paying for the Vogtle Venture. They can't be trusted.
They've already approved $7.3 billion in construction costs. Already more than the 2009 bait and switch proposal.
HOW DID CUSTOMERS GET SET UP TO FINANCE THE VENTURE?
In 2009 Georgia Power got an unusual special utility law letting them take money from customers by surcharges to finance construction of their 14 billion dollar venture. They proposed that lower price electricity would be a return for the (now billlions) money taken from customers. (Note: Surcharges were unfairly distributed by the PSC in that the very largest industrial customers got a big pass on paying)
REMEMBER: In 2009 Georgia Power got their free finance money CWIP surcharge law based on a $14Billion plant and proposed future lower cost electricity. NOW: After the typical household paying out around $1000.00 in surcharges. Lower cost electricity benefit IS NOT EVER HAPPENING.
These are the folks who can use
"No Overrun Profit In Georgia"
Elderly, schools, food banks, mom & pop
restaurants, churches, tire stores, car repair shops, households, gas stations,
doctors offices, print shops, apartment renters, house renters, dentists, synagogues, beauty parlors, dry cleaners,
shoe stores, insurance offices, meals-on-wheels, homeless shelters, colleges and
universities, Salvation Army stores, banks, bicycle shops, credit unions, coffee
shops, drug stores, police stations, nursing
homes, car washes, sheet metal shops, music stores, pet stores, fast-food restaurants, veterinarian offices,
loan offices, county governments, machine shops, caterers, welding shops, small manufacturing businesses, hospitals, recycling
centers, lawnmower repair shops, animal shelters, hardware stores, grocery stores, YMCA & YWCA,
nail shops, bookstores, healthfood stores, consignment stores, rehab centers,
phone stores, barbershops, grocery stores, warehouses, urgent care
centers, franchise businesses, clothing stores...
The Georgia Legislature can recognize the unfairness and remedy the situation by protecting 2.7 million customers from paying for Georgia Power's costs above their original 6.1 billion ownership proposed in the deal to get free (CWIP) money.
References, a few of many
Financial Fiasco and Filch:
March 2023: News about HR 323 and SR 300 in Georgia :
Senate resolution would urge protection for ratepayers from Vogtle overrun. In the Augusta Chronicle and Savannah Morning News.
February 2023: Plant Vogtle is almost complete -time to celebrate? Guest Column in The Saporta Report.
January 2022: Stating that Georgia Power has misled the Public Service Commission and the PSC Staff, The Institute for Energy Economics and
Financial Analysis has the most recent damning analysis.
December 2021: An Eye-Opening must-read report on possibly misleading cost and time estimates at the Georgia Public Service Commission. Atlanta Journal Constitution
December 2021: A Stunning Comprehensive Report, Ratepayer Robbery, by the Georgia Conservation
Voters Education Fund on the many serious problems, malfeasance, missteps, corporate greed, and incompetence in the Vogtle situation.
Clark Howard summary about the surcharge.
From October 2018. This is an excellent overview:
Pam Wright's article: Sinking Into the Vogtle Vortex. Written several years ago, has history summary and information on surcharge impact on average customers:
Early news article about surcharge taking homeowner's money:
In 2017, School officials reported surcharge taking from schools. Years later, school tax money is still being misused to finance a new nuclear reactor:
Nuclear Watch South. Extensive background and data on Plant Vogtle.
What ratepayers should know about the Plant Vogtle expansion. January 6. Georgia Public Broadcasting.
Nuclear Train Wreck. Big Vogtle plant part from Korea slides into the mud, nearly slides into the swamp. 2013 item.
PSC Commissioners ignored their own professional staff's recommendation to cut losses. Commissioners listened to the (what we know now to be wrong) stories Georgia Power was telling about how their Venture was almost ready to be complete... year after year... Here is the AJC front page from December 2017 when billions in costs and years of surcharges could have been stopped.
Dec 16 2021 in testimony at the Public Service Commission:
Many issues with wiring in the main control room.
Scaffolding is everywhere, it is hard to get around to do work.
There are 25,000 inspection reports to complete.
600 cables have been wrongly wired and need re-do.
Vogtle monitors see more delays, extra $1B for nuclear plant
SUMMARY: ATLANTA (AP) — ... Testimony filed Wednesday with the Georgia Public Service Commission by engineer Don Grace and others predict that the third reactor at Plant Vogtle near Augusta won’t meet the most recent range of July 2022 to September 2022 set by Georgia Power Co. ... problems are “largely attributable” to electrical wiring problems ... “We have testified in many prior (proceedings) that the schedules provided by the company are not achievable.”... Grace said company estimates have “repeatedly been demonstrated to be unrealistic and unreliable.” ... the company will need longer than the four months that it projects to load nuclear fuel and complete testing, ... the company is submitting many fewer notices to the Nuclear Regulatory Commission than planned showing work has been completed and tested. ... Grace also warned that construction performance on Vogtle’s fourth nuclear reactor is not improving, ... Georgia Power said for years that Unit 3 would be in commercial operation by November 2021, but has pushed back that deadline three times since May.
More Vogtle Wire Woes Could Add to Delay:
At the November 15 PSC hearing, the company said there were approximately 600 "electrical" problems to be fixed.
Most of the problems were spacing issues that shouldn't have happened if the work crews had an engineering and quality control supervisor.
Are we to pay for this and pay a profit on costs of their mistakes?
WSB News December, 2021
Call or e-mail your Representative and Senator at the Georgia Legislature. Let them know you WANT THE COMPANY OWNERS TO PAY FOR THEIR MISTAKES, NOT YOU, AND ABSOLUTELY NO PROFIT ON COST OVERRUNS !
Georgia Power customers are set up
by the PSC and Georgia Power to pay for
the most expensive
power plant in the world
AND PAY PROFITS ON $BILLIONS
IN MISTAKES AND RE-DO WORK.
NoPig.org March 2023