Besides that, adding more gas generation is inappropriate because Ga Power generating capacity is 30% overbuilt even before Plant Vogtle comes online. Approving more gas when billions of dollars in fuel cost overruns were known and cheaper solutions were available (if more generation is needed, which it’s not) is a pretty great example of the Ga PSC not protecting consumers from monopoly overreach.
Ga Power did not seek fuel cost recovery last year because they didn’t want public backlash against their desire to add 2,300 MW of gas to their portfolio, since burdening customers by expanding a volatile and expensive energy source buffeted by geopolitical issues would not be popular. So Ga Power avoided this risk by deferring cost recovery. Thus, the 10 year long range plan with new fossil gas was approved last July as they wanted, and a $2 billion rate increase was approved last December as they wanted, and now the coast is clear for this $2 billion filing.
Is this appalling? Yes it is.