Tag: Southern Company
Price Tag For Plant Vogtle Jumps Higher, Total Project Now at $27.3 Billion
As Georgia Power announced a $2.3 billion increase to the estimated cost to finish the nuclear plant, Southern Company disclosed an additional $100 million in new financing costs in a...
Campaign Finance Reports Reveal Utility Industry Again Spending Big This Election Cycle
The nation’s largest electric utilities are pouring money into political action committees and tax-exempt political organizations that work to elect governors, attorney generals and state legislators at an unprecedented rate...
Utility Industry Contributing Millions to National Political Party Groups
Over $3 million in contributions to certain IRS 527 political organizations in 2017. More than $36 million over the past decade.
Stan Wise may be gift-wrapping an early Christmas present for Georgia Power at customers’ expense
In an apparent gift to Georgia Power, Public Service Commission Chairman Stan Wise unilaterally decided to speed up the timeline for a decision about whether the monopoly utility could continue...
Electric utilities working with oil and gas companies on ‘advocacy’ efforts to counter environmentalists
The electric utility industry, through its trade association the Edison Electric Institute, has begun working with three other fossil fuel groups to push back against organizations that oppose increased natural...
Candidate for Florida Governorship Pledges To Stop Accepting Utility Contributions
“It’s time the utilities stop spending money on political candidates and instead protect the residents of this state." - Senator Jack Latvala
Coal and utility interests ask for, receive, bailouts to help failing power plants
"You can’t see the gas lines. You can’t see wind. You can’t see solar. So maybe we need to talk about having a requirement for power plants in order to...
Decades before Harvey and Irma, electric utilities knew climate change could fuel more powerful storms and still funded denial
A 1987 study sponsored by the electric utility industry warned that climate change could one day fuel more powerful storms, some thirty years before hurricanes Harvey and Irma. Despite this...
After Irma will the Southeast copy post-Sandy rebuild plans?
"This is going to be a very, very lengthy restoration ... what we think we’ll see on the west coast is a wholesale rebuild of our electric grid."
Unlike CEO peers, Southern’s Tom Fanning declines to denounce Trump after Charlottesville
Unlike his CEO peers, Tom Fanning of Southern Co. declined to denounce Trump's response to white supremacy in the wake of Charlottesville.