Readers Write 2/14
22.05.12
I can live with the plan to add two additional nuclear reactors to Georgia’s power supply system. It is in accord with our national goal of energy independence.
What is unacceptable is the program to bill in advance Georgia Power customers for the cost of building these units.
This is neither normal nor appropriate free enterprise business practice.
In essence, this is a giant, profit-making business entity using Public Service Commission approval to obtain an interest-free construction loan.
Perhaps the PSC needs to go a step further and add a provision to compensate Georgia Power customers for their enforced generosity.
Once these new units go online, maybe all those customers who paid in advance for their construction should, for a specified period of time, have their monthly electricity bills reduced by a percentage equivalent to the interest rate of a construction loan.
Mike McGuinn, Sandy Springs
Take profits out of politics for better policy
Source: Atlanta Journal Constitution