Ga. agency seeks funding to track nuclear costs - New York News

Ga. agency seeks funding to track nuclear costs

Posted: Updated:

By RAY HENRY
Associated Press

ATLANTA (AP) - Georgia regulators want to hire more staff to monitor the rising construction costs on a first-of-its-kind nuclear power plant.

The chairman of the Public Service Commission, Chuck Eaton, said he is asking state lawmakers for roughly $180,000 so his agency can hire two more staffers to track the costs of building Plant Vogtle, southeast of Augusta.

The PSC regulates the prices charged by Southern Co. subsidiary Georgia Power, which owns a 46 percent stake in the two reactors under construction. The project's construction plan is tracking hundreds of millions of dollars over budget.

Regulators want to hire the extra staffers so the agency can carefully keep tabs on overruns. The commission can block Georgia Power from passing those extra costs to customers.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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