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Georgia Power history
Georgia Power company history timeline
Find out about Georgia Power Chairman, President & CEO Chris Womack, a Southern Company employee since 1988.
Our long and winding history eventually led to Southern Company purchasing AGL Resources in 2016 and renaming it Southern Company Gas, creating the nation’s largest natural gas-only distribution company.
Following cost increases in August 2018 for building two additional nuclear reactors at its Vogtle Electric Generating Plant, credit rating agency Moody's downgraded Georgia Power's credit ratings from A3 (upper medium) to Baa1 (lower medium).
In September 2018, in order to sustain the project, Georgia Power agreed to pay an additional proportion of the costs of the smaller project partners if completion costs exceeded $9.2 billion.
In June 2021, Georgia Power again sought a $235 million a year rates increase once Vogtle unit 3 starts operation, an overall 10% increase in rates, to recover capital construction costs and operating costs.
Make 2021 your most efficient year yet.
2022 Articles Georgia Power requests funding to support essential, critical investments in electric grid reliability, cleaner and more economical energy resources and better customer experience
Rate how well Georgia Power lives up to its initial vision.
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Georgia Power competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Florida Power & Light | 1925 | $24.8B | 8,700 | - |
| Alabama Power | 1906 | $6.1B | 6,613 | - |
| Tennessee Valley Authority | 1933 | $11.2B | 10,000 | - |
| Oglethorpe Power | 1974 | $1.6B | 320 | 31 |
| Talquin Electric Cooperative, Inc | - | $124.5M | 300 | - |
| ALLAMAKEE-CLAYTON ELECTRIC COOPERATIVE | 1938 | $19.8M | 50 | - |
| Southern Nuclear | 1990 | $922.4M | 3,500 | - |
| Deep East Texas Electric Coop | 1938 | $93.8M | 175 | - |
| TECO Energy | 1899 | $2.7B | 3,713 | 32 |
| Cenergy International Services | 1996 | - | 840 | - |
Georgia Power history FAQs
Zippia gives an in-depth look into the details of Georgia Power, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Georgia Power. The employee data is based on information from people who have self-reported their past or current employments at Georgia Power. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Georgia Power. The data presented on this page does not represent the view of Georgia Power and its employees or that of Zippia.
Georgia Power may also be known as or be related to Georgia Mower & Equipment, Georgia Power, Georgia Power Co, Georgia Power Co. and Georgia Power Company.