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Regulators OK Deal To Pay For Georgia Power's New Nuclear Reactors

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Regulators OK Deal To Pay For Georgia Power's New Nuclear Reactors


ATLANTA, GA — Almost 15 years of wrangling over who should pay for two new nuclear reactors in Georgia and who should be accountable for cost overruns came down to one vote Tuesday, with the Georgia Public Service Commission unanimously approving an additional 6% rate increase to pay for $7.56 billion in remaining costs at Georgia Power Co.’s Plant Vogtle.

The rate increase is projected to add $8.95 a month to a typical residential customer’s current monthly bill of $157. It would take effect in the first month after Vogtle’s Unit 4 begins commercial operation, projected to be sometime in March. A $5.42 rate increase already took effect when Unit 3 began operating over the summer.

Tuesday’s vote was the final accounting for Georgia Power’s portion of the project to build a third and fourth reactor at the site southeast of Augusta. They’re currently projected to cost Georgia Power and three other owners $31 billion, according to Associated Press calculations. Add in $3.7 billion that original contractor Westinghouse paid the Vogtle owners to walk away from construction, and the total nears $35 billion.

The reactors were originally projected to cost $14 billion and be complete by 2017.

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Vogtle’s Unit 3 and Unit 4 are the first new American reactors built from scratch in decades. Each can power 500,000 homes and businesses without releasing any carbon. But even as government officials and some utilities are again looking to nuclear power to alleviate climate change, the cost of Vogtle could discourage utilities from pursuing nuclear power.

Southern Co., the Atlanta-based parent of Georgia Power, said in a stock market filing Friday that it would record a $228 million gain on the deal, saying it will now be able to recover from ratepayers certain construction costs that it had been subtracting from income. That means the total loss to shareholders on the project will be about $3 billion, which the company has written off since 2018.

Overall, the company said Georgia Power would collect an additional $729 million a year from its 2.7 million customers.

“We believe this decision by the Georgia PSC acknowledges the perspectives of all parties involved and takes a balanced approach that recognizes the value of this long-term energy asset for the state of Georgia and affordability needs for customers,” Georgia Power spokesperson John Kraft said in a statement.

The five Republican commissioners, all elected statewide, voted on an agreement that Georgia Power reached with commission staff and some consumer groups. Called a stipulation, it averted what could have been lengthy and contentious hearings over how much blame the company should bear for overruns.

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“This is very reasonable outcome to a very complicated process,” Commission Chairman Jason Shaw said in an interview after the vote.

Calculations show Vogtle’s electricity will never be cheaper than other sources Georgia Power could have chosen, even after the federal government reduced borrowing costs by guaranteeing repayment of $12 billion in loans. Yet the company and regulators say Vogtle was the right choice.

“You can’t go back to 2009 and make a decision based on everything that happened,” Shaw said.

But Bryan Jacob of the Southern Alliance for Clean Energy called the vote “disappointing.” He said residential and small business customers paid a disproportionate share of a financing charge that Georgia Power collected during construction, but Tuesday’s vote parceled out additional costs without giving customers credit for heavier shares of earlier contributions.

Other opponents held up crime scene tape after the vote to show their displeasure.

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“The Georgia Public Service Commission just approved the largest rate increase in state history,” said Patty Durand, a Democrat and possible candidate for the commission. “The people of Georgia deserve a state agency that protects them from monopoly overreach, but that’s not what we have.”

Georgia Power owns 45.7% of the reactors. Smaller shares are owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives, the Municipal Electric Authority of Georgia and the city of Dalton. Some Florida and Alabama utilities have also contracted to buy Vogtle’s power.

By Jeff Amy, Associated Press



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Atlanta, GA

Atlanta-based health app finds success in ‘Damp January’

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Atlanta-based health app finds success in ‘Damp January’


ATLANTA, Ga. (Atlanta News First) – Throughout January, millions of Americans participate in “Dry January,” an attempt to go the whole month without drinking.

Vedant Pradeep’s research has taught him otherwise. The 28-year-old Georgia Tech alumnus is the founder and CEO of Reframe, an app that helps people reduce their drinking. His research shows that a more gradual decline, which he calls “Damp January,” achieves better long-term results.

“We started out trying to help out people with hypoglycemia,” Pradeep said.

But as many startups do, Pradeep pivoted when he noticed many of the people he was helping struggled with alcohol.

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“Alcohol is a bad coping strategy, but it is a coping strategy,” Pradeep said.

Reframe, headquartered in Alpharetta, went live in 2020 and has surged to the top of health-app sales in the Apple Store. It offers voluminous options for people to help them cut back or quit drinking, including challenges, counseling, summaries, calendars, stats, and a vast community of users.

“We now have the world’s largest community of people that are trying to cut back on alcohol,” Pradeep said.

Most of all, Reframe has been successful, with over 1 million people using the app. Pradeep says internal numbers show that nearly 40% of users have stayed with it for over a year.

“It helps you understand what alcohol does to your body, how it works,” Pradeep said. “It helps you understand what your triggers are and helps you build these coping strategies.”

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It’s also gained support in the medical community. Atlanta cardiologist Dr. Ali Rahimi recommends it to his patients.

“You get a lot of support in an app like that that you don’t get when you see your doctor or therapist a couple of times per year,” he said.

That’s where Reframe fits in with other programs like Alcoholics Anonymous. The app and community are constantly available in a way that’s difficult for other alcohol-reduction programs.

The need is urgent, based on the latest scientific data. The U.S. Surgeon General’s Office publicly discussed the relationship between alcohol and certain cancers earlier this month.

Pradeep has known this for a while and understands that quitting cold turkey leads to slip-ups and then give-ups.

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“Alcohol isn’t actually serving you,” he said.

So, as Reframe continues to pile on users, it’s all about making progress toward one’s goal; it’s less about being dry than about becoming your best self.

“That’s the goal,” Pradeep said. “To get to a point where you no longer use alcohol as a coping strategy.”



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Atlanta, GA

‘Put the guns down’: Atlanta dad mourning teenage son killed in Austell apartment shooting

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‘Put the guns down’: Atlanta dad mourning teenage son killed in Austell apartment shooting


EAST POINT, Ga. (Atlanta News First) – On Monday, hundreds of people crowded into an East Point shopping center for a candlelight vigil to mourn the death of 17-year-old Kenneth Collier Jr.

Cobb County police have launched a homicide investigation after receiving an initial 911 call on Jan. 9 for gunshots at the Residence at Riverside Apartments in Austell.

In a news release, police officials said they found the teenager with multiple gunshot wounds.

Collier’s family said the body was that of the 17-year-old who was an 11th grader at Eagle’s Landing High School in McDonough.

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“Kenneth didn’t deserve to be killed that way. Nobody deserves to be killed that way,” said Kenn Collier, Kenneth’s dad.

Kenn said Kenneth went to see a friend at the Austell complex. He does not know what the circumstances were leading up to the shooting.

“Nobody ever imagines getting a call that your son has been murdered. Your son has been shot, is hurt,” Kenn said. “As a parent, the hardest thing ever to go through. Kenneth was a good kid.”

Kenneth’s death comes roughly seven years after the death of Kenneth’s mother, Tamika Trimble, who also died of gun violence.

17-year-old shot to death at Austell apartment complex, police say

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In December 2017, Trimble was shot and killed in her car, with her daughter in the backseat.

“I sat on this same couch and did this interview. Talked about my son’s mom, about his mom being murdered through gun violence. Now, (I) sit here again, without my son, talking about gun violence,” Kenn said.

After that deadly shooting, Kenn said Kenneth acted out and began bullying before channeling his anger.

By 11, Kenneth had written a book advocating against bullying.

He was awarded a proclamation from the City of Atlanta after publishing the book titled “Button Buddy Stops Bullying: And So Can You.”

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Kenn said his son got off track and eventually was pulled back into a rough crowd.

“Unfortunately, when you’re still in a situation around your friends and environment, and that’s all you see a lot of times, you can fall back into it,” he said. “As a parent, of course I did everything I can, we did everything we can do.”

Kenn said they recently moved Kenneth away from southwest Atlanta to McDonough where he enrolled at Eagle’s Landing High School. He said his son’s death shows the complexity of the gun violence epidemic.

“We really need to put the guns down,” Collier said.

Cobb County police is asking anyone with information surrounding the shooting incident to call police at (770) 499-3945.

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Atlanta, GA

The Kyle Pitts Question Continues to Vex Atlanta Falcons

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The Kyle Pitts Question Continues to Vex Atlanta Falcons


Atlanta Falcons fans will remember when the multi-million dollar acquisition of veteran quarterback Kirk Cousins was going to set misfiring tight end Kyle Pitts on the road to career redemption.

For a while, that looked to be the case. Through the Falcons’ first-eight games, Pitts had 29 catches for 419 yards and three touchdowns. That number included a goose egg he had Week 4 against the New Orleans Saints. 

After his Week 8, 91 yard, two-touchdown performance against the Buccaneers, Pitts went MIA.

He had just 183 yards and a touchdown during the final-nine games.  

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Isn’t it funny just how quickly things can implode and go south?

When Falcons general manager Terry Fontenot offered up his assessment of his team’s failed season on last week, it came as no surprise that he unashamedly pointed the finger at Pitts’s lack of production. This seems to be an annual conversation with regards to Pitts.

“When you take a player that high in the draft, obviously you expect a certain level,” Fontenot said of the highest drafted tight end in NFL history. “We understand Kyle had a really good rookie year, and he hasn’t equaled or exceeded that production since then. There’s no excuses we’re making about it.”

Even given Fontenot’s sleuth-like observations, and for as cathartic as it might also have felt for him personally, it did little to lay out a map of the road ahead with regards to a Pitts future in Atlanta.

The Falcons picked up his fifth-year option before the season. They’re on the hook for $10.9-million guaranteed in 2025. Beyond that, Pitts is scheduled to be an unrestricted free agent.

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Considering the hot water Fontenot was already in for the Cousins failure and losing a draft pick in the process, the subsequent double whammy of Pitts having another subpar season is particularly depressing.

Fontenot also finds himself with only four picks in the upcoming NFL Draft. All of which begs the imminent offseason conundrum of deciding whether or not it’s time to simply cut ties and firesale the former 4th overall selection.

Of course, some kind of value can always be found out there, especially if a host of tight end hungry teams really believe they can resuscitate the former 1,000 yard Pro Bowler’s beleaguered reputation. However, the Falcons will be selling low, and the return won’t come close to matching the fourth-overall selection or the $33-million the Falcons have already sunk into Pitts. 

Quite clearly, the entire future of the Falcons franchise now rests squarely on the powerful left arm of quarterback Michael Penix Jr., but therein lies the inherent issue.

Pitts inability to develop into a more sure-handed pass catcher doesn’t immediately appear to mesh with the fast ball type of passer Penix Jr. actually is.

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Having said all of that, Fontenot is well aware that he needs to do his level best to give Penix as many explosive receiving options as he can as they move ahead with his development.

Throwing the baby out with the bath water with Pitts must ultimately resonate strongly with Fontenot. Plus, running the risk of seeing Pitts resurrect his career elsewhere would presumably be catastrophic for Fontenot’s own future in Atlanta. 

Atlanta would obviously like to see a return on Pitts, but how much longer can they ultimately wait?

Decisions, decisions.



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