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Google Funds Vogtle and Hatch Upgrades to Cut Bills

By Drooid · · How we work

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Story summary
  • Georgia Power and Google agreed to fund upgrades at Plant Vogtle and Plant Hatch.
  • Google will pay a premium for carbon-free electricity, generating $900 million in customer benefits.
  • The upgrades will add roughly 96 megawatts of emission-free power to Georgia’s grid.
  • Georgia Power will use tax credits and a DOE loan guarantee to offset upgrade costs.
  • The resulting revenue pressure will push rates down and reduce customer bills.
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