Georgia Power is working to “decarbonize” its power generation and has committed to adding more green energy over the next decade. At the same time, Georgia Power is looking to its customers to foot the bill.
Currently, less than 10% of Georgia Power’s generation assets come from renewable energy sources like solar and hydroelectric facilities. In contrast, around 44% of the company’s energy comes from gas and oil and 33% is from coal. Nuclear energy accounts for less than 14% of the company’s generation assets.
“Working within our constructive regulatory framework, Georgia Power has continued to develop renewable resources in a way that benefits all customers, positioning the Company as a national leader in renewable energy growth,” Chris Womack, chairman, president and CEO of Georgia Power, said in testimony filed with the Georgia Public Service Commission.
The company is looking to increase customer’s rates by 12% by 2026.
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