Tag Archives: National Association of Regulatory Utility Commissioners

Can Georgia ban Construction Work in Progress (CWIP)?

Georgia Power charges its customers Construction Work in Progress (CWIP) for the nuclear plants it is constructing at Plant Vogtle on the Savannah River. This while claiming a solar energy commodity market would raise rates for its customers. If nuclear is so great, why does it need to be pre-funded by customers? Can Georgia ban CWIP? Other states have.

This interesting survey by Wisconsin, courtesy of National Association of Regulatory Utility Commissioners (NARUC), says Illinois, Montana, New Hampshire, Ohio, and Oregon ban CWIP (except in certain cases for some of those states) and North Carolina and Washington in practice do not use it.

Appended below is the first question from the survey and the answers. The entire survey is on the LAKE website.

Here’s who in the Georgia state government you can contact about CWIP.

-jsq

CURRENT RETURN ON CWIP
VERSUS AFUDC [Allowance for Funds Used During Construction]
REGULATORY SURVEY RESULTS
March 2006

The Wisconsin Commission is relooking at its current practice for allowing a current return on construction work in progress (CWIP). We would appreciate it if you or someone else from your agency could respond to the following questions.
Continue reading