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The Southern Company reports news about an energy provider serving 9 million customers through electric operating companies in three states, natural gas distribution companies in four states, Southern Power, PowerSecure, fiber optics and telecommunications services. Recurring updates cover earnings, dividend actions and operating developments across Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas.
Company news also includes Georgia Power matters before the Georgia Public Service Commission, including resource planning, capacity procurement, solar resources, transmission and distribution upgrades, grid reliability programs, storm readiness and customer safety communications. PowerSecure updates focus on distributed energy solutions such as utility-scale battery storage, solar generation, backup power and resiliency projects.
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Georgia Power is encouraging its 7,000 employees to participate in the upcoming November 3 general election by providing accessible voter information resources. The company highlights the importance of voting as a civic duty and encourages employees to practice COVID-19 safety measures while voting. Key dates include voter registration, which must be completed by October 5, and early voting from October 12 to October 30. Georgia Power aims to promote community engagement and ensure a safe voting process.
Georgia Power's typical residential customer will receive a $13 credit on their October bill, part of a $61.6 million one-time credit approved by the Georgia PSC. This credit, combined with lower fuel rates, results in a total reduction of over $18 for the month. Customers will see a cumulative total of more than $46 in credits this year. Earlier this year, credits of $11.29 in June and $22 in February were implemented due to financial results and tax legislation, respectively. Georgia Power maintains rates below the national average while ensuring reliable service.
Georgia Power encourages customers to implement energy-saving measures to reduce costs during fall's variable temperatures. Key tips include utilizing natural sunlight, optimizing heating and cooling systems, and reviewing rate plans. Notable rate options include Pay by Day, Smart Usage, and FlatBill, which cater to diverse customer needs. The company emphasizes the importance of insulation and maintenance in achieving energy efficiency. Georgia Power, a subsidiary of Southern Company (NYSE: SO), serves 2.6 million customers in Georgia, delivering reliable energy at competitive rates.
Georgia Power, a subsidiary of Southern Company, announced an ambitious plan to convert 50% of its fleet vehicles to electric by 2030. This initiative aligns with a broader corporate goal towards fleet electrification and sustainability. The company will invest $6 million over three years in fast-charging EV infrastructure statewide, having already installed 41 fast chargers. Additionally, Georgia Power is providing resources and incentives for EV adoption among customers, contributing to the state's aim of becoming a leading EV-friendly region.
On Sept. 28, 2020, Southern Company announced an ambitious goal to electrify 50% of its fleet vehicles by 2030, aligning with its broader commitment to sustainability and clean energy. This initiative comes in conjunction with the company's target of achieving net zero greenhouse gas emissions by 2050. Southern Company emphasizes that this shift not only benefits the environment but also creates economic opportunities for communities. Their efforts are part of National Drive Electric Week, a campaign aimed at promoting electric vehicles and their benefits.
Virginia Natural Gas (VNG) is enhancing its infrastructure and gas procurement strategies to meet increased energy demand for the upcoming heating season. Key projects include the operational Southside Connector pipeline, which has already saved customers an estimated $2.5 million by enabling cost-effective gas purchases. VNG is also stockpiling natural gas purchased at lower prices to ensure reliability and affordability for its nearly 300,000 customers in southeast Virginia. These efforts are part of VNG's commitment to providing safe, clean, and affordable natural gas supply.
Georgia Power has made substantial progress in restoring power to customers following Hurricane Sally, with approximately 88,000 customers restored since midnight. As of 5 p.m., about 9,800 customers remained affected across 337 outage cases. The estimated restoration times indicate that power will be restored to most affected areas by this evening, particularly in Western Georgia and North DeKalb. The company's advanced electric system has enabled effective rerouting and restoration, despite challenging weather conditions.
Georgia Power has initiated restoration efforts after Hurricane Sally affected Georgia, leaving approximately 28,000 customers without power as of 11 a.m. EDT on September 17, 2020. The company is addressing around 675 damage reports statewide. While weather conditions are improving, potential scattered outages may still occur. Georgia Power encourages safety by advising against touching downed power lines and offers various tools for customers, including Outage Alerts and a mobile app for real-time updates.
As Hurricane Sally impacts Alabama, Georgia Power is prepared to assist recovery efforts, having deployed approximately 500 personnel to the affected areas. The company's resources can be shared easily across its system, ensuring rapid response to service interruptions. With a focus on safety, Georgia Power is coordinating with other utilities to expedite power restoration while also providing safety tips for customers during the hurricane season.
For reliable service and customer support, Georgia Power emphasizes its commitment to delivering safe, affordable energy throughout Georgia.