Borrowing costs up as spending for Duke Energy nuke plant reaches $403.4M - Charlotte Business Journal

John Downey

Senior Staff Writer-Charlotte Business Journal

The report says $15.1 million, or 69.7% of the costs incurred in the first six months of the year, is categorized as “allowance for funds used during construction,” or AFUDC. That’s the cost for those six months of the money Duke has borrowed to finance the work done to date.