Georgia Power
charges its customers
Construction Work in Progress (CWIP) for the nuclear plants
it is constructing at Plant Vogtle on the Savannah River.
This while
claiming a solar energy commodity market would raise rates for its customers.
If nuclear is so great, why does it need to be pre-funded by customers?
Can Georgia ban CWIP?
Other states have.
This interesting
survey by Wisconsin, courtesy of
National Association of Regulatory Utility Commissioners (NARUC),
says Illinois, Montana, New Hampshire, Ohio, and Oregon
ban CWIP (except in certain cases for some of those states)
and North Carolina and Washington in practice do not use it.
Appended below is the first question from the survey and the answers.
The entire survey is
on the LAKE website.
Here’s
who in the Georgia state government
you can contact about CWIP.
-jsq
CURRENT RETURN ON CWIP
VERSUS AFUDC [Allowance for Funds Used During Construction]
REGULATORY SURVEY RESULTS
March 2006
The Wisconsin
Commission is relooking at its current practice for allowing a
current return on construction work in progress (CWIP). We
would appreciate it if you or someone else from your agency could
respond to the following questions.