tag:blogger.com,1999:blog-10911751.post3620829896677306512..comments2024-03-07T02:00:01.582-05:00Comments on NEI Nuclear Notes: Saving Money on Your Next Nuclear PlantUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-10911751.post-3455867361066846942009-11-15T16:46:31.196-05:002009-11-15T16:46:31.196-05:00"The official price tag for Georgia Power'..."<i>The official price tag for Georgia Power's share of two new reactors at Plant Vogtle is $1.5 billion lower ...</i>"<br /><br />Georgia Power's share of Vogtle is about half; does this mean they've knocked ~$3 billion off the finance charge?<br /><br />Paying for it earlier makes sense in the same way that paying off your credit cards makes sense.Billhttps://www.blogger.com/profile/08749459207189576328noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-33820703619448321502009-11-13T06:58:43.412-05:002009-11-13T06:58:43.412-05:00Here's another means to that end:
Surety Bond...Here's another means to that end:<br /><br /><a href="http://www.suretyinsider.com/surety-bond-nuclear-construction.html" rel="nofollow">Surety Bonds for Nuclear Energy Facility Construction Cost-Savings</a>Bryan Kellyhttp://www.suretyinsider.com/surety-consultants.htmlnoreply@blogger.comtag:blogger.com,1999:blog-10911751.post-26001661805135942292009-11-13T00:23:38.819-05:002009-11-13T00:23:38.819-05:00It is a good investment for the ratepayers.
A typ...It is a good investment for the ratepayers.<br /><br />A typical commercial rate on the loan for this plant would be 12%. Tell me where the typical consumer can get a low-risk investment that pays 12%. The answer is that they cannot, so the opportunity cost is clearly smaller than the value of the future savings from low electricity cost.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10911751.post-3221389738920869622009-11-12T22:33:16.716-05:002009-11-12T22:33:16.716-05:00uvdiv - You're almost right.
You have a good ...uvdiv - You're almost right.<br /><br />You have a good point that the discount from paying earlier is largely the difference between the present and future value of money. However, you have overlooked an important point: paying off the debt sooner, rather than later, <strong>reduces risk</strong> which translates to real savings.<br /><br />This is a key advantage of CWIP.Brian Mayshttps://www.blogger.com/profile/13962229896535398120noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-7510832000354593792009-11-12T21:20:25.593-05:002009-11-12T21:20:25.593-05:00As these are assets that will benefit the next 2 g...As these are assets that will benefit the next 2 generations why not spread the financing over 50 years or longer?Unknownhttps://www.blogger.com/profile/13894836275341336316noreply@blogger.comtag:blogger.com,1999:blog-10911751.post-36907444760741056122009-11-12T18:19:33.229-05:002009-11-12T18:19:33.229-05:00This is silly. There is no real savings for the ut...This is silly. There is no real savings for the utility customers: they are paying less, but they paying <i>earlier</i>, and the present value of the cost is (presumably) about the same as if there were no advanced rate hike. They haven't eliminated the interest on the loan: it is now being absorbed by the ratepayer as opportunity costs.Authorhttps://www.blogger.com/profile/14172882458584719170noreply@blogger.com