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Repeal Georgia Nuclear Tax

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For more information about CWIP contact one of the Stop CWIP Coalition members listed at http://stopcwip.com/coalition/

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Stop the CWIP tax!

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392 signatures

Petition to STOP the CWIP TAX

On March 27, 2018, more than 3,000 signatures to STOP CWIP were delivered to Governor Nathan Deal's office in support of Senate Bill 355 to sunset the Georgia Nuclear Energy Financing Act of 2009. Sunsetting CWIP for any future nuclear projects satisfied the letter of the Petition to STOP the CWIP TAX as it was widely perceived at the time that it would be illegal to withdraw CWIP from Vogtle 3 & 4. Encouraged by the many voices insisting that CWIP be repealed for the beleaguered Vogtle 3 & 4 project have inspired the re-opening of the petition.

THIS IS A PUBLIC PETITION TO THE GEORGIA GENERAL ASSEMBLY FOR REDRESS OF GRIEVANCE

In 2009 the Georgia General Assembly enacted “Georgia Nuclear Energy Financing Act” establishing a framework for Georgia Power Company, Oglethorpe Power Corporation, Municipal Electric Association of Georgia and the City of Dalton Board of Water, Light, and Sinking Fund to charge Georgia residential electric customers Construction Work in Progress (CWIP), a hidden tax to construct two nuclear reactors, Plant Vogtle Units 3 & 4.
WHEREAS:

-  Residential electric customers have been charged CWIP (also called Nuclear Construction Cost Recovery) for Plant Vogtle on electricity bills since 2009;
-  CWIP rates have escalated at three times the rate originally approved by the Georgia General Assembly and Georgia Public Service Commission;
-  CWIP is a hidden tax on our electric service, a tax which removes the liability of speculation on financially risky reactor investment from the electric companies and places the risk on us, the residential electric customers;
-  CWIP forces Georgia electricity customers to invest in a Southern Company construction project without receiving stock certificates, returns or any other shareholder benefits;
-  It is unjust and unreasonable and a bad precedent to charge for financing facilities and infrastructure before operational and used for service;
-  Two years after Plant Vogtle was supposed to be finished the project is nearly $14 billion over budget and five years behind schedule.

THEREFORE we, the undersigned, PETITION the Georgia General Assembly to REPEAL THE CWIP TAX.

[signature]

SB 355 to sunset CWIP passes and goes to governor to sign! 3,000 signatures delivered. This petition is now closed.

End date: Jan 15, 2019

Signatures collected: 392

Signature goal: 1000

CWIP News

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Plant Vogtle delays and ballooning costs since 2012 unveiling like ‘groundhog day’ 02/18/2022
$30B Georgia Power nuclear plant delayed up to 6 more months 02/17/2022
UPDATE: Georgia’s Vogtle nuclear expansion hit with new delays, costs 02/17/2022
The Only Nuclear Plant Being Built in the U.S. Is Delayed Yet Again 02/17/2022
IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion 01/20/2022

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