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PUBLIC UTILITIES AND PUBLIC TRANSPORTATION Public Service Commission: Enact the “Georgia Nuclear Energy Financing Act”; Amend Section 25 of Chapter 2 of Title 46, Relating to the Procedure for Changing Any Rate, Charge, Classification, or Service, so a...

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The Act allows for a power utility company to charge its customers for the financing costs of building a nuclear power plant during construction of the plant. The Act allows the financing costs to be recovered through an accounting method called Construction Work in Progress (CWIP).