An aging electric grid, fossil fuel power plant retirements and a massive renewable electricity buildout are all contributing to a boom in transmission and distribution wire projects by electric utilities across the country.
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An aging electric grid, fossil fuel power plant retirements and a massive renewable electricity buildout are all contributing to a boom in transmission and distribution wire projects by electric utilities across the country.
Every three years Georgia Power is required to inform the Georgia Public Service Commission (PSC) on how it will provide energy to meet electricity demand of its 2.7 million customers over the next 20 years. On July 21st, the commission approved Georgia Power’s 2022 Integrated Resource Plan (IRP) that would shut down all but two of Georgia Power’s coal-fired power plants in the state.
Georgia Power recently filed a request with the Georgia Public Service Commission for approval that would enable the company to raise customer bills by 12 percent over the next three years to continue, in their words, making investments in strengthening and securing the electric grid, transforming its power generation to include cleaner and more economical energy resources and continue improving the customer experience.