-
play_arrow
Georgia NOW Live Streaming Now
-
play_arrow
The Politics Bar After Hours - The Benchers
Jennifer Whitfield, an attorney for the Southern Environmental Law Center who’s representing Georgia Interfaith Power and Light and Southface Institute, speaks to the Public Service Commission Friday, Dec. 19, ahead of a vote on a historic expansion of Georgia Power's capacity. Credit: Georgia Public Service Commission Livestream.
Georgia Power secures record $26.5B federal energy loan
The U.S. Department of Energy granted $26.5 billion to Georgia Power and Alabama Power, representing the largest federal energy loan package ever awarded.
The two companies are subsidiaries to Atlanta-based Southern Co., and the loans are to help the companies upgrade their grids for the influx of data centers.
The Office of Energy Dominance Financing claims the package will save customers $7 billion in electricity costs.
“Thanks to President Trump and the Working Families Tax Cut, the Energy Department is lowering energy costs and ensuring the American people have access to affordable, reliable, and secure energy for decades to come,” said Secretary Wright. “The President has been clear: America must reverse the energy subtraction agenda of past administrations and add more reliable power generation to our electrical grid. These loans will not only lower energy costs but also create thousands of jobs and increase grid reliability for the people of Georgia and Alabama.”
The loans will be used to upgrade more than 16 gigawatts of “firm reliable power” to the electrical grid, including 5 gigawatts of new gas generation and 6 gigawatts in nuclear power. The funds will also contribute to hydropower modernization, battery energy storage systems and transmission and grid enhancement projects, according to the news release.
The Atlanta Journal-Constitution reports that Georgia Power will receive most of the funds at $22.5 billion.
“I think we all recognize that the importance of what I call rate stability and importance of what I call downward pressure on rates,” Chris Womack, Southern’s president and CEO, said in an interview with the AJC.
The loan follows a historic decision by the Georgia Public Service Commission to allow Georgia Power to expand its capacity by nearly 10,000 megawatts of new power resources.
-
The Rick Smith Show
Weekdays at 8pm
The Rick Smith Show is one of America's most popular working-class programs, broadcasting the class war to restore America to the people who built it since 2005. Streaming live weeknights from 9pm-11pm EST on YouTube and Twitch TV, airing nightly in primetime on Free Speech TV, and heard on radio stations in major markets including New York City on WBAI 99.5 FM, Los Angeles on KPFK 90.7 FM, and Chicago on WCPT AM 820, the show delivers a direct, honest approach to the issues that matter. By working people, for working people, it's a place where facts are center, science is real, and everyone gets a seat at the table—no puppets, no focus groups, no talking points. Host Rick Smith grew up in the working-class neighborhoods of Cleveland, going from delivering papers as a boy to driving 18-wheelers as a proud union member, bringing the grit of a Teamster and the voice of America's working families to the airwaves coast-to-coast.
close 
From CBS News- Trump says he's "looking at" firing Kimberly Guilfoyle October 12, 2026"Well, we're looking at it," President Trump said when asked if he's considering firing U.S. Ambassador to Greece Kimberly Guilfoyle.
- Selma Blair arrested after allegedly biting flight attendant October 12, 2026Actress Selma Blair has been arrested after an incident on board a Delta Air Lines flight from Los Angeles to John F. Kennedy International Airport Sunday night.
- Rep. Omar's D.C. home searched by DHS investigators October 12, 2026Sources say the investigation centers on Rep. Ilhan Omar's immigration documents, involving paperwork filled out by her late father when she was a child.
- RJ Mitte, "Breaking Bad" actor, dies at age 34 October 12, 2026RJ Mitte rose to fame playing Walter White Jr. on the hit series "Breaking Bad."
- Military's archbishop criticizes plan to livestream execution October 12, 2026Archbishop for the U.S. Military Timothy Broglio said Catholic service members assigned to the firing squad that will execute the Fort Hood shooter should ask to be excused.
- Squeezed by inflation, more Americans are falling behind on their debts October 12, 2026Credit card and auto loan delinquencies are near historic highs as rising prices leave more people struggling to keep up with payments.
- Would access to Russian diesel help drive down U.S. prices? October 12, 2026Average U.S. diesel prices remain stuck above $6 a gallon, raising fuel costs in trucking, agriculture and construction.
- Judge chastises DOJ after 430 trees cut down at D.C. golf course October 12, 2026Government lawyers said 430 trees were cut down at East Potomac Golf Links on Saturday.
- Republican concerns mount over plan to livestream execution October 12, 2026President Trump said he approved of livestreaming the execution, but suggested the decision may not be final.
- Starbucks denies plan to buy Chipotle after report of possible takeover October 12, 2026Starbucks said it doesn't plan to bid for Chipotle Mexican Grill, saying the coffee chain is focused on organic growth.
- Trump says he's "looking at" firing Kimberly Guilfoyle October 12, 2026
Post comments (0)