Tag Archives: Georgia Power

Increased investment in demand-side reduction –a homebuilder @ GA PSC 2013-06-18

Paul[?] Matthews said he’s been green since before it was cool, first in an earlier Georgia Power program (EarthCraft), and now in EarthCents. He thinks the program is good, with both environmental and economic benefits, but he asked for it to be extended to become a model for the south, at the Georgia Public Service Commission meeting Tuesday 18 June 2013.

He spoke about his company’s investment in sustainable efficiency and conservation, and asked GA PSC and Georgia Power to also do more.

A much more efficient way and cost-effective of reducing power is by reducing energy used. We’re not only looking at tripling the savings over the next ten years, but we’re also looking at job growth….

…a sustainable and long-term growth approach.

Let’s make the rebates and also the tax credits so they’re a model for Georgia and also for the south.

Here’s the video:

Continue reading →

EarthCents has taken a lot of power bill mystery away –a contractor @ GA PSC 2013-06-18

A contractor who does homeowner education as part of Georgia Power’s Earth Cents program praised that program at the Georgia Public Service Commission meeting Tuesday 18 June 2013.

He said homeowners tend to complain about power bills:

And this Earth Cents program has, in my experience, taken a lot of that mystery away. The homeowners that I touch and I deal with come away with an understanding that leaves them less concerned about the rate hikes that I’m sure keep you guys up at night when it comes to a vote and more concerned about where the money is actually going.

I’m guessing he means homeowners are more concerned about what Georgia Power is using to generate the power.

Earth Cents, according to Southern Company:

Introduced in 2008, EarthCents energy efficiency programs help our customers save energy and money while reducing greenhouse gases. EarthCents comprises a set of standing and new programs—and educational efforts—to reduce residential and commercial electricity consumption.

Here’s the video:

Continue reading →

Very restrictive definition of energy efficiency by Georgia Power and SO

Beware that when Southern Company claims it’s doing a lot about energy efficiency it is, but SO is using it’s own definition that is much more restrictive than it could be.

SACE wrote 26 February 2013, Southern Company: Squirreling the Energy Efficiency Debate

Southern Company has a solid track record of squirreling the definition of energy efficiency to avoid debate. And Southern Company has good reason to avoid the debate: Its utilities consistently advocate what is considered by national experts to be the “most restrictive” approach to designing energy efficiency programs.

Just how restrictive, you ask? Continue reading →

Does SO have a business model for energy conservation? –Dan Everett @ SO 2013-05-22

SO has done a lot about energy efficiency, but can it do more, and how will it profit by doing so? Prof. Dan Everett asked this at the 22 May 2013 Southern Company Stockholder Meeting.

Prof. Dan Everett speaking I have Mr. Dan Everett from Athens, Georgia, and he holds 11 shares of Southern Company.

TF: Talked to Dan earlier today. Dan is a professor at the University of Georgia, right?

DE: Right.

Dan Everett striding to the microphone He’s Daniel M. Everett, Assistant Professor of Computer Science, UGA Athens. The SO Annual Stockholders Meeting apparently doesn’t get many professors.

TF: Fantastic. Well, welcome.

DE: Oh, thank you very much. And as a guy who has some professional interest in this stuff, I totally applaud the research that y’all are doing on energy technologies and renewable energies and efficiency technologies because it does take a while to deploy those.

My specific question is about energy conservation. I’ve noticed Continue reading →

Georgia Power still too slow on solar in 20 year plan: PSC decides soon

Georgia Power tries to continue whistling in the fossil and nuclear fuel dark while distributed solar power changes the world around it. The Georgia Public Service Commission can decide differently, and will decide next week, 11 July 2013.

Joshua Stewart wrote 2 July 2013, Decision Looms On Georgia Power Plan,

The state Public Service Commission votes next week on Georgia Power’s 20-year plan, the road map for providing electricity to 2.4 million customers. That includes the mix of fuels the company will use and the efforts the company undertakes to get customers to use less energy. This happens every few years. But this time, Georgia Power also wants to retire 16 coal- and oil-fired power-generating units at six power plants.

This happens every few years. But this time, Georgia Power also wants to retire 16 coal- and oil-fired power-generating units at six power plants.

PSC Commissioner Lauren “Bubba” McDonald said at a hearing in April that this version of Georgia Power’s plan “is filled with the most-significant issues” of any Integrated Resources Plan in the last decade.

And Georgia Power avoids actually facing many of those issues:

Continue reading →

Vogtle nuke loan deadline extended for third time

We don’t know the federal cost estimates or the terms and conditions or why Plant Vogtle just got another three month extension on that $8.33 billion federal loan guarantee.

Rob Pavey wrote for the August Chronicle yesterday, Federal loan guarantee offer for Vogtle expansion extended again,

The owners of Plant Vogtle have secured — for the third time — an extension to allow further negotiation with the U.S. Energy Department over its 2010 offer of up to $8.3 billion in federal loan guarantees to help finance two new nuclear reactors.

Georgia Power and co-owners Oglethorpe Power and Municipal Electric Authority of Georgia were conditionally approved in February 2010 for loan-guarantee financing, in which the government promises to assume a company’s debt if the company defaults. However, the details were never agreed on. Two extensions have since expired, with the most recent deadline — June 30 — passing without any formal agreement in place. Jeannice M.W. Hall, a Southern Co. spokeswoman, said in an e-mail Wednesday that the new extension sets a Sept. 30 deadline for completing the loan guarantee arrangements.

With Southern Company’s stock already downgraded because of Kemper Coal and Plant Vogtle, after S&P’s downgraded SO’s credit, and with still more cost overruns at Kemper on top of Vogtle being 19 months late and a billion dollars over budget, as Gloria Tatum asked back in May, why is SO gambling on nuclear instead of solar?

If you’re tired of this, you can ask DoE Secretary Ernest Moniz to revoke that loan.

-jsq

Coal and natural gas cost effective vs. energy efficiency, wind, and solar power? –Stephanie Coffin @ SO 2013-05-22

SO CEO Tom Fanning is a true believer in “all of the above”, yet a skeptic about natural gas. However, he really doesn’t have much faith in renewables, as he indicated at the 22 May 2013 Southern Company Stockholder Meeting and even more strongly in the Wall Street Journal.

retirees and stockholders in the room wonder about the $13 million salary --Stephanie Coffin This question is from Stephanie Coffin of Atlanta, Georgia, and she holds 18 shares of stock.

TF: Hello, Stephanie.

SC: How are you, Tom?

TF: Dynamite. How are you?

your income --Stephanie Coffin SC: Last year, I came to this meeting to ask a question and to listen to the Southern Company reports. And so before I came I got to thinking about what has changed since the last meeting. I think two things, and then I’ll ask my question.

The first is the chairperson’s salary increased 34 percent, over $13 million a year. I’m sure the retirees and stockholders in the room wonder about the $13 million salary and see that as negative PR in the face of continuing recession. $13 million a year, most of us are on fixed income. I mean, your income My income --Stephanie Coffin is fixed, too, but it’s very high. Mine is pretty low and we all have to pay electric bills.

The second change, and then I’ll ask my question, is that now 70 — 97 percent of all scientists believe that climate change — that is, global warming — is real and caused by human activity and this is a big shift. Last year we were the climate deniers, we’re in control, and now 97 percent of all scientists say it’s real, it’s coming, you better get ready. In the face of this scientific consensus the Southern Company has maintained its reliance on fossil fuels, mountaintop coal, old coal plants and pushing nuclear power with huge wattage demands and the dangers of nuclear wastes.

While I applaud the Southern Company’s baby steps Continue reading →

Why are you gambling on nuclear instead of solar? –Gloria Tatum @ SO 2013-05-22

Why is SO gambling our health and dollars on Plant Vogtle when Georgia Power could be getting on with solar power? SO CEO Tom Fanning avoided the first part of Gloria Tatum’s question by simply denying it, and danced around the second part by saying the rate hike for Plant Vogtle’s cost overruns would only be 6 to 8 percent, not 12 percent. Do you want to pay 6 or 8 percent more for a radioactive white elephant when you could be getting power from the sun for less?

The floor person at the 22 May 2013 Southern Company Stockholder Meeting introduced Gloria Tatum with 164 shares, representing Nuclear Watch South, and the SO CEO insisted

TF: Call me Tom. Gee whiz.

Gloria Tatum GT: Tom. Hi,Tom. It’s great to be here on this beautiful day.

TF: Thank you. Yes ma’am.

GT: And I know Southern Company’s done many wonderful things, but I want to point out a few things to you today.

First, you know, after the Fukushima meltdown, TEPCO’s $50 billion nuclear complex became a worthless liability. The deadly radiation still circles the planet, polluting the earth and increasing cancer. Other countries have abandoned their nuclear and they’re looking to renewable, but Southern Company’s affiliate, Georgia Power, continues construction on two new nuclear reactors at Plant Vogtle. Now Shell Bluff is a community down the stream from Plant Vogtle and it has experienced a 25 percent increase in cancer since Vogtle 1 and 2 have been built.

Another problem with Vogtle Continue reading →

Georgia Power wants more of your money to pay for its bad bets

It’s the annual Georgia Power rate hike, blaming everything except coal and nukes.

Georgia Power PR 28 June 2013, Georgia Power seeks cost recovery for infrastructure investments,

Georgia Power today asked the Georgia Public Service Commission (PSC) for permission to increase its base rates approximately $482 million, or 6.1 percent. The request is being made to allow the company to recover the costs of recent and future investments in infrastructure —including environmental controls, transmission and distribution, generation, and smart grid technologies — required in order to maintain high levels of reliability and superior customer service.

The proposed change in rates would be effective Jan. 1, 2014.

What a coincidence! One year to the month after the last rate hike. Once again blaming “smart grid technologies, environmental controls”, etc. Much more likely, this has to do with the recent downgrades of Georgia Power’s parent the Southern Company, and those were for coal and nukes. As Adam Smith said two centuries ago, “utilities levy an absurd tax upon the rest of their fellow citizens”.

-jsq

Southern Company downgraded because of coal and nukes –two analysts

It’s not like they weren’t warned, about coal and about nukes. It’s not Standard & Poor’s this time, but that could happen soon, too. SO’s biggest part, Georgia Power, is neck-deep in nukes, as Edison Electric Institute’s warning about the disruptive challenge of distributed solar starts to affect its parent’s stock price.

Zacks.com wrote 21 June 2013, Southern Company Slips to Sell – Analyst Blog

On Jun 20, Zacks Investment Research downgraded electric utility firm, Southern Company ( SO ), to a Zacks Rank #4 (Sell).

Why the Downgrade?

Continue reading →