this post was submitted on 30 Aug 2023
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[–] [email protected] 20 points 11 months ago* (last edited 11 months ago) (1 children)

Nah, the power company likes the profits from nuclear way better.

The secret is that they can bill the ratepayers for all the cost overruns, while keeping the extra profits on the cost-plus construction contract for the shareholders.

(Source: I'm a Georgia Power ratepayer being absolutely reamed for Plant Vogtle 3 and 4, and the Georgia Public Service Commission isn't doing a single goddamned thing to hold Georgia Power to account or to help people like me.)

[–] [email protected] 4 points 11 months ago

Yeah, but think of the poor corporations.