Comment by runako
3 hours ago
GA resident here. Let's not close the books on Vogtle yet, as our electricity rates are also moving up quite significantly. Let's get to a steady state before we declare a cost win.
IIRC our rates are up ~30% since 2024, and our electricity prices are 5th highest in the nation. I need to underline that this is in one of the lower-wage states in the country, with few state-level labor protections.
Also: the finances on Vogtle were sufficiently bad that they led to a rapid run-up in consumer electricity rates that generated political fallout. First: two members of the Public Service Commission lost their seats to Democrats, who do not generally win statewide races here. Second: the Federal government has had to specifically loan money to the operator to subsidize consumer rates. The Federal government could equally subsidize California rates down to the average or below if it so desired.
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