SO's Georgia Power Approves Power Expansion to Serve Data Centers

Key Takeaways Southern Company's Georgia Power approves power generation expansion by 50% to meet demand from data centers.The build-out could cost customers $50B-$60B over decades once interest and utility profits are included.Critics warn of falling demand forecasts, leaving customers paying long-term costs for unused infrastructure.The Southern Company’s (SO) subsidiary,Georgia Power, has planned one of the largest electric generation expansions in the country, backed by the state regulator’s approval to ...