VISIT www.StopVogtleSurcharge.org

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. The bill, which passed, satisfied the letter of the Petition to Repeal the CWIP Tax by sunsetting the tax after Vogtle 3 & 4. THANK YOU TO ALL WHO SIGNED 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 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 and small business 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 9% tax on our electric service which removes the liability of speculation on financially risky reactor investment from the electric companies and places the risk on residential and small business 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;
• Plant Vogtle is only 40% complete but is already $14 billion over budget and five years behind schedule.

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