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Regulators give initial approval to latest spending on Georgia nuclear plant

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ATLANTA — Regulators have given initial approval to Georgia Power's spending on a new nuclear plant during the first half of 2014.

The elected members of the Public Service Commission voted 5-0 on Thursday to approve $198 million the power company spent building two nuclear reactors at Plant Vogtle (VOH'-gohl).

The Southern Co. subsidiary reported spending $2.8 billion from the start of the project through June 30, 2014.

Project spending is expected to increase. Georgia Power owns roughly 46 percent of the new facility. Regulators estimate the company's share of construction expenses could grow from $6.1 billion to more than $8 billion.

Regulators will get a chance later on to decide whether all of the project's costs can be passed along to customers.

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