";s:4:"text";s:8963:"Georgia Power 2019 Integrated Resources Plan Atlanta, July 16, 2019 - The Georgia Public Service Commission on Tuesday finalized Georgia Power Company’s 2019 Integrated Resource Plan (IRP) in Dockets 42310 and 42311. <> By contrast, TVA once pioneered this type of efficiency resource analysis in the Southeast. Industry: Electric ... REPORT A PROBLEM WITH THIS SITE The Commission. Replacing fossil fuel generation to meet these emission targets represents a major opportunity for energy efficiency in North Carolina in the coming years. * During the next five years, we plan to invest more than $648 million in our transmission system to help turn power into possibility for Georgians. This achievement is supported by three key factors: Duke Energy Carolinas, operating in North and South Carolina, continues to be the only utility in the Southeast to exceed one percent annual savings (1.03%), a symbolic checkpoint on the path toward the higher savings levels achieved by successful utilities in other parts of the country. xref The Southeast has among the highest energy bills in the country and the lowest energy efficiency performance – but there is a clear solution: Before spending customer dollars on more expensive power plants, utilities should be required to first invest in all cost-effective energy efficiency and energy optimization. Recent policy and regulatory developments, primarily at the state level, affect the ability to increase future energy efficiency savings. H�lWˎ���W�rfq)�������(70Ë�²{�H^���SE��J�,�"Y�ǩb����뿧��?6��v�J���#�wJ�ݾ�n~�~�.�y��~�m����k���㖢 =����]������{ݯ�����}x���Gɮ>���}��a����=�����?ܯݞ�����D�U�Q���{WH���E������e^�/߾���7�����I���(ݵ���ś����������Oؿ��+�)2N���]������!^�#b�!����놰�qӟ�ۥ8�i�$��T$D�"�����q��%;i!���$y*�ln�%0�J�REs)d�ٝ4��JDb�[֝��E� During Georgia Power’s 2019 IRP process, leadership by Chairman Bubba McDonald and the Georgia Public Service Commission led to a 15% bump in required efficiency savings for Georgia Power over the next three years and added a requirement that future supply additions must compete with efficiency resources directly. Tampa Electric (TECO) was a standout with a low-income Neighborhood Weatherization program that reached more than 7,000 households in 2018, despite having a comparatively small customer base. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports… 0000043700 00000 n
Florida presents a stark contrast between utilities that deliver strong efficiency savings programs for low-income customers and those who do not.
GPSC Information; GPSC Press Kit; PSC Annual Reports; PSC Strategic Plans; Online Services. To do otherwise is to pay too much. By comparison, the state’s largest utility, Florida Power & Light, reached just 2,295 low-income households. endobj <> Sadly, however, electric utilities and regulators in the Southeast consistently underinvest in this abundant low-cost energy efficiency resource. Energy Efficiency is a proven clean energy resource that has a critical role to play in helping reduce our region’s persistently high energy bills and cutting carbon emissions that worsen the climate crisis, threaten public health, and damage our environment. Some of the most promising electrification opportunities include: Electrification can increase electricity demand, but also helps to decarbonize our national energy system, since much of the power sector is already lower-emitting than direct fossil fuel use, and it is easier to shift electricity generation to renewable energy sources to further reduce carbon emissions. The company is an investor-owned, tax-paying utility, serving 2.3 million customers in 155 of 159 counties in Georgia.
Archived Reports Files on this page are PDF.
GPSC Information; GPSC Press Kit; PSC Annual Reports; PSC Strategic Plans; Online Services. <<6C26CFACD11DB2110A0005F7106992FF>]/Prev 660165>> The carbon pollution reduction targets outlined in North Carolina Governor Cooper’s 2018 Executive Order 80 build on an already strong foundation that supports clean energy, and in 2019, Duke Energy announced plans to cut its carbon emissions 50% by 2030 across all its companies and simultaneously reach net zero carbon by 2050.
Adjusted for utility size, TECO delivered 50 times more and Duke Energy Florida delivered 20 times more savings for low-income customers than FPL. During. Duke has been expanding the availability of deeper savings measures to assist low-income customers to achieve greater bill reductions, and TVA is matching funds raised by local utility companies to provide weatherization for low-income households. Duke Energy was again the clear regional leader and the only electric utility to deliver annual efficiency savings (0.79%) that exceeded the national average (0.71%). Administrative Session 11-17-20.
Also in 2019, the North Carolina Utilities Commission ordered major changes in how Duke conducts integrated resource planning, including reworking how efficiency is modeled, requiring existing coal to compete against clean energy, and showing how its resource plans could achieve state and corporate emissions targets. Recent policy and regulatory developments, primarily at the state level, affect the ability to increase future energy efficiency savings. 0000043766 00000 n
<> In 2019, TVA’s IRP took a significant turn for the worse with unrealistic costs and spending caps that steeply reduced TVA’s planned future efficiency investment. Georgia Power Company 2016 Annual Report OVERVIEW Business Activities Georgia Power Company (the Company) operates as a vertically integrated utility providing electric service to retail customers within its traditional service territory located within the State of Georgia and to … View and download reports and information here. In 2019. The Energy Efficiency in the Southeast 2019 Annual Report highlights the relationship between energy efficiency, strategic electrification, and decarbonization of the region’s power sector. 2018 ANNUAL REPORT … 328 12 9:30 am. examines how the largest utilities in the Southeast stack up with their national peers on energy efficiency. <>/Font<>/ProcSet[/PDF/Text/ImageC/ImageI/ImageB]/Properties<>>>/Rotate 0/TrimBox[0 0 612 792]/Type/Page>> At the annual meeting website you can find instructions for accessing the virtual annual meeting, an overview of the items that will be up for a vote, our 2020 proxy statement and 2019 annual report to read or download. %PDF-1.4
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* endobj In South Carolina, continued political fallout from the failed VC Summer nuclear plant led to significant turnover at the Public Service Commission and provided momentum for new clean energy policies like the Energy Freedom Act, approved unanimously by the state legislature in 2019.
Residential. Southern Power; Georgia Power; Green Bonds Investors ... Search Site. PO Box 1842Knoxville, TN 37901865.637.6055, Forest Bradley-Wright is the Energy Efficiency Director for SACE. Does Georgia Power Plan to Increase Its Financially Successful Energy Efficiency Programs? 331 0 obj Home: Information for Investors: Financial Information: Annual Reports Annual Reports.