America’s Last Nuclear Project Gets Green Light from Georgia

Georgia regulators gave the go-ahead for Southern Co. to finish the only new nuclear power under construction in the U.S. after it fell years behind schedule and costs soared to more than $25 billion.

The Georgia Public Service Commission approved a revised plan by Southern’s Georgia Power and its utility partners to finish two delayed reactors at Plant Vogtle at higher costs with a unanimous vote Dec. 21. The commission told Georgia Power it would have to agree to lower returns on the plant, a condition the company said it would accept.

“Today’s decision may or may not be the ...