Georgia Power Financing Bill Passes in the Senate

Sen. Don Balfour
Sen. Don Balfour

ATLANTA (Feb. 11, 2009) – Today the Senate took great strides in saving taxpayers and Georgia Power customers significant money by passing the Georgia Nuclear Energy Financing Act, Senate Bill 31. The bill allows recovering of financing costs during the construction of two nuclear power generators rather than have the financing costs compounded at the end of the project. Sen. Don Balfour, chairman of the Rules Committee, sponsored the bill.

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