That is the question a lot of folks are asking after the announcement from Southern Company that its share of the Vogtle Nuclear Power plant construction costs had just increased from $7.3 billion to $8.4 billion.
You have probably seen headlines like this – Vogtle costs go up by $1.1 Billion
The truth is that Southern Company owns 45.7% of the Vogtle nuclear plant – so the $1.1 Billion number quoted in the headlines is only their 45.7% share of a total $2.4 Billion cost overrun.
