Tag Archives: favorable regulatory framework

PSC rubberstamps Vogtle costs; next day Fitch affirms Southern Company ratings

Need any more proof that Southern Company’s nuclear boondoggle only works with Georgia Power customer and taxpayer subsidy? PSC rubberstamps one day and Fitch affirms ratings the next day. Maybe we should elect Public Service Commissioners who will serve the public.

Georgia Power PR 21 August 2012, Georgia PSC approves Vogtle construction costs

The Georgia Public Service Commission (PSC) today in a 5-0 vote approved Georgia Power’s spending on Plant Vogtle units 3 and 4 for the period including July 1, 2011 through Dec. 31, 2011.

The next day, Fitch PR 23 August 2012, Fitch Affirms Ratings for Southern Company and Subsidiaries,

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