Jacksonville Electric Authority, a municipal utility company in Florida, is demanding that the Vogtle 3 and 4 reactors be canceled, after this month’s $2.3 billion cost increase, or it will sue to get out of the project, which now is over five years behind schedule and set to cost over $27 billion.
According to JEA, canceling the reactors would have saved Jacksonville ratepayers $345 million to $727 million before the cost increase. With JEA’s share of the cost increase, the savings would be even greater — likely between $560 million $942 million.
Calls to cancel the Vogtle project are only getting louder, and JEA’s letter follows a Florida state legislator’s formal request last week for an audit of the project and an investigation of mismanagement.
Also, see Southern Alliance for Clean Energy’s blogs about the Vogtle debacle:
- Georgia’s Nuclear Financial Crisis Worsens – Additional Billions in Cost Overruns at Plant Vogtle
- JEA Demand: Protect Customers, Stop Gambling on Vogtle Nuclear Reactors