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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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