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Dominion Virginia Power is beginning an estimated $2 billion program to place about 4,000 miles of historically outage-prone electric power lines underground by 2026.
Companies that are planning new nuclear units are currently indicating that the total costs (including escalation and financing costs) will be in the range of $5,500/kW to $8,100/kW or between $6 billion and $9 billion for each 1,100 MW plant.owever, the estimated costs for new nuclear power plants begin to increase significantly starting in about 2006-2007. For example: â¢ A June 2007 report by the Keystone Center estimated an overnight cost of $2,950/kW for a new nuclear plant.