Tag: Southern Company

Georgia Power to Pay over $400 Million to Settle Nuclear Energy Lawsuit as Rate Hikes Loom

Tom Pappert

Georgia Power Co. agreed to pay more than $400 million to settle a lawsuit on Friday, after Oglethorpe Power Corp. accused the utility company of failing to follow its financial commitments regarding maintenance of nuclear reactors at Plant Vogtle near Augusta. The company said it would take longer for the facility to become fully operational as a result, even as Georgia energy rates continue to increase.

The lawsuit was filed last year, reported The Associated Press, with Oglethorpe Power accusing Georgia Power of sticking them with nearly $700 million in additional costs by unilaterally changing a contract to make itself immune to cost overruns at the Plant Vogtle nuclear facility that is seven years behind schedule and $17 billion over budget.

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State Residents Likely to Pay Higher Rates as Georgia Power Continues Push Toward Decarbonization

The Center Square

Like power companies nationwide, Georgia Power is working to “decarbonize” its power generation and has committed to adding more green energy over the next decade.

Georgia Power, a subsidiary of Southern Company that traces its origins to 1902 as an operator of streetcars in Atlanta, has more than 2.6 million customers across The Peach State, including customers in 155 of Georgia’s 159 counties.

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Georgia Power Pushes Electric Vehicle Chargers, Despite No Proof of Demand

Chris Butler

Georgia Power officials announced a new initiative this month to provide drivers of electric vehicles with charging stations around the state.

But in a press release, Georgia Power officials did not describe whether enough people in the state drive electric vehicles to justify the investment.

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Leftists Tell Georgia’s Biggest Corporations, Like Coca-Cola, to Stand with Them Against Voter Integrity Bills

Chris Butler

Left-leaning groups have demanded that Georgia’s largest corporate entities, including Coca-Cola and Home Depot, fight two bills in the Georgia General Assembly, which they describe as racist. Members of this coalition made their demands in a full-page ad in The Atlanta Journal Constitution last week. The coalition called out Delta Airlines, Coca-Cola, Southern Company, Home Depot, UPS, Aflac, the Georgia Chamber of Commerce, the Metro Atlanta Chamber of Commerce, and the Georgia Black Chamber of Commerce.

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