Georgia Power today announced the completion of the settlement process between the co-owners (Georgia Power, Oglethorpe Power Corporation, the Municipal Electric Authority of Georgia and Dalton Utilities) of the Vogtle nuclear expansion and the project's contractors, Westinghouse and CB&I. The agreement settles all claims currently in litigation with the contractors, reaffirms the current in-service dates, adds additional contractual protections and positions Westinghouse and its affiliates as the primary contractor over the project.

"This settlement is extremely positive for the Vogtle expansion," said Buzz Miller, executive vice president of nuclear development for Georgia Power. "The project is more than halfway completed based on contractual milestones with all parties focused 100 percent on project execution."

Including the settlement agreement, the project's remaining projected customer rate impact will total approximately 2.5 percent, which is an average of less than 1 percent per year through completion. Georgia Power's portion of the settlement cost is approximately $350 million, significantly less than the claims that were in litigation. Georgia Power plans to submit the settlement agreement to the Georgia Public Service Commission in the coming weeks.

Construction of the new units near Waynesboro, among the first to be built in the United States in more than three decades, is progressing well with current in-service dates of June 2019 for Unit 3 and June 2020 for Unit 4. 

In tandem with the completion of the settlement process, it was also announced Monday that Westinghouse has contracted with Fluor Corporation to manage the construction workforce at the Vogtle expansion site.

Follow the Action
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. 

What Vogtle Means to Georgia
The expansion at Plant Vogtle 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.