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DOE gives $26.5 billion loan, largest ever, for energy projects in

The loan package will support two subsidiaries of electric utility Southern Company, and deliver over $7 billion in savings across Georgia and Alabama.
Feds announce $26.5 billion loan for electric power expansion in

Federal energy officials on Wednesday announced a record $26.5 billion loan to electric utilities in Georgia and Alabama, saying the loan will save customers mo
Southern Co gets largest-ever US energy department loan

The U.S. Energy Department said on Wednesday it has offered a $26.54 billion loan to subsidiaries of Southern Co to increase power grid reliability, the largest ever such financing by its
DOE loans Southern $26.5B for 5 GW of new gas, other grid investments

Calling it the largest loan in the agency''s history, DOE said it aims to deliver over $7 billion in cost savings for Georgia Power and Alabama Power customers.
Feds give record $27B in loans for utility expansion in Georgia and

Federal energy officials say they will loan a record $27 billion federal loan to Georgia Power and Alabama Power to expand electricity supply.
Georgia Power

Georgia Power is a subsidiary of Southern Company that serves more than 2.4 million customers in Georgia. It operates hydroelectric dams, fossil fueled plants, nuclear power plants and faces
PSC greenlights Georgia Power expansion amid ratepayer risk

Georgia regulators voted to deny scaling back Georgia Power''s expansion, despite warnings the plan could expose customers to long-term costs.
Georgia Power

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Electric

Learn about the regulation, rates, and programs of Georgia Power Company (GPC), an investor-owned electric utility serving 2.7 million customers. Find information on electric membership corporations