Comment
Comment by Mountain_Skies
Georgia Power customers have been paying extra for this plant for something like a decade. Rate payers absorbed much of the risk instead of investors in the company. This was pushed as a way to save on financing costs by getting the money from customers upfront but saving them more long term with lower rates. But it appears the customers, despite prepaying for the plant, aren't going to see those savings. The investors however were insulated from much of the cost overruns.