“Through constructive regulation and thoughtful energy policy planning, Georgia is leading the way in developing cost-effective solar generation for customers,” said Norrie McKenzie, vice president of renewable development for Georgia Power. “The agreement with the U.S. Army not only marks another step for Georgia Power’s solar initiatives, but further enhances the state’s position as a solar leader and will strengthen both the bases and the surrounding communities.”
As part of the review and approval of the company’s 2007 Integrated Resource Plan, the Georgia PSC approved the development of three cost-effective renewable projects of less than 30 MW to be owned by Georgia Power. The three projects will be brought online at or below the company’s avoided cost, the amount projected it would cost the company to generate comparable energy from other sources.
Georgia Power is committed to developing economical renewable energy as part of a balanced generation portfolio including new nuclear, advanced coal and natural gas, as well as energy efficiency. By 2016, the company projects it will have a solar portfolio of nearly 900 MW – the largest voluntary solar portfolio in the nation. In addition to the new solar projects with the U.S. Army, the company anticipates more than 500 new solar projects will be brought online in the coming years through existing solar programs including the Large-Scale Solar initiative and Georgia Power Advanced Solar Initiative.
About Georgia Power
Georgia Power is the largest subsidiary of Southern Company (NYSE: SO), the premier energy company serving the Southeast through its subsidiaries. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company’s promise to 2.4 million customers in all but four of Georgia’s 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, advanced coal and natural gas, renewables such as solar, hydroelectric and wind, as well as a variety of energy efficiency programs. Consistently recognized as a leader in customer service, Georgia Power was recently ranked highest in overall business customer satisfaction among large utilities in the South by J.D. Power and Associates.