Georgia Power today filed detailed terms and conditions of a $350 million settlement agreement between the company and Westinghouse, the contractor for the Vogtle 3 & 4 project, with the Georgia Public Service Commission.  The settlement agreement reaffirms the current in-service dates of June 2019 (Unit 3) and June 2020 (Unit 4), adds additional contractual protections for customers and increases efficiencies with Westinghouse and its affiliates as the primary project contractor.

Including the settlement, the project's remaining projected customer rate impact is still approximately 2.5 percent, an average of less than 1 percent per year through the expected completion date of 2020. Once the new units come online, they are expected to put downward pressure on rates and deliver long-term savings for customers.

Now more than 60 percent complete based on contractual milestones, progress continues at the Vogtle site every day. Major milestones completed in 2015 included the placement of the 1,140-ton CA01 module for Unit 3, the placement of the 950-ton lower ring for Unit 4 and more than 26,000 total cubic yards of concrete. Click here to watch videos highlighting major construction milestones, multimillion pound equipment placements and quarterly timeline videos on Georgia Power's YouTube Channel. Click here to visit the online Vogtle 3 & 4 photo gallery, updated every month with the latest photos of the project. 

The expansion at Plant Vogtle near Waynesboro, Georgia is part of Georgia Power's long-term, strategic plan for providing safe, clean, reliable and affordable energy for Georgians. Once units 3 and 4 join the existing two Vogtle units already in operation, Plant Vogtle is expected to generate more electricity than any other U.S. nuclear facility, enough to power more than one million homes and businesses. Southern Nuclear is overseeing construction and will operate the new units on behalf of Georgia Power, which owns 45.7 percent of the facility, and co-owners Oglethorpe Power Corporation, the Municipal Electric Authority of Georgia and Dalton Utilities.