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Help stop SB 31, which guarantees Georgia Power higher rates of return for years by paying all the financing costs of a power plant for which no final cost is known.

Georgia Power wants to expand a very expensive nuclear power plant but does not want to bear any of the risk associated with financing its construction. The company wants the Legislature to require Georgia customers to bear the risk of this costly financing, for which they receive nothing until the plant is built, with no guarantee on a completion date, or a final cost of the plant. SB 31 writes a blank check from Georgia Power customers for years; money those customers could be using to buy more efficient appliances and to insulate their houses.

Passing SB 31 will lock in a costly decision to expand use of nuclear power, which will prevent Georgia consumers and investors from turning toward cleaner and cheaper renewable alternatives that require far less of the state's limited water supply to produce energy as compared to nuclear power. Not only will this deprive consumers of better energy sources, but it could make Georgia's business sector less competitive with surrounding states for decades to come.

SB 31 passed out of committee on Monday, February 23rd, and the House could vote on SB 31 as early as this week. Please call your State Representative today to tell him or her to vote NO on SB 31.

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