Wednesday, March 18, 2009

State senator raises red flag over Georgia Power nuke bill

Posted by Thomas Wheatley on Wed, Mar 18, 2009 at 7:10 PM

This could be interesting.

State Senate Minority Leader Robert Brown of Macon released this announcement just now:

The Georgia Power tax-bill, SB31, sailed through the chambers of the state assembly this session. Emphasizing the need to limit the damage of the Georgia Power tax, Senator Robert Brown will be holding a press conference tomorrow, March 19th, at 11:30 A.M. in the Senate Press Office. Senator Brown will discuss legislation addressing issues that have surfaced in the wake of Georgia Power’s evasion of Georgia’s process for regulating utility companies.

SB 31, if you recall, would allow Georgia Power to charge customers in advance for two new proposed nuclear reactors at Plant Vogtle. Critics opposed the bill because it placed the burden of a costly and unpredictable technology on the shoulders of ratepayers and not the company's shareholders, among other reasons.

The bill passed both the House and Senate and now awaits Gov. Sonny Perdue's signature.

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