Discover and read the best of Twitter Threads about #gapsc

Most recents (3)

Good morning from Southern’s annual shareholders meeting, which is also Tom Fanning’s last as CEO

“I’m going to be your CEO for the next 15 minutes,” he said Image
Fanning: we’re at 90 percent power today at #Vogtle

The first reactor will reach 100 percent next week, he said.

100 percent. Next week. Been a long damn time coming

#Gapol #gapsc
Southern’s board unanimously chose Chris Womack to be the company’s CEO, Fanning said

Fanning told me - in 2019 - that he had given the board names of people who he thought would be good to succeed him and then said the final decision would be up to the board
Read 23 tweets
There has been an ongoing dispute between Southern Co./Georgia Power and the publc power utilities over who pays for #Vogtle's costs going forward. Southern and MEAG (municipalities) have reached a settlement in that dispute -- SEC filing is here: d18rn0p25nwr6d.cloudfront.net/CIK-0000092122…
I've barely read this filing, so you all can analyze on your own
Read 8 tweets
Meant to Tweet out this link yesterday - re: @wabenews convo on #gapsc rate case. Public comment is taking place now

wabe.org/hearings-on-ge…
@wabenews rate cases are the nature of the beast. They are part of the structure of rate-regulated eelctric companies.
Nationwide, electric companies are going through a significantly capital-intensive time as they transition away from fossil fuels. Customers pay for that via higher rates
@wabenews Compounding the situation is: higher natural gas prices, which is leading many electric cos to ask and re-ask to recoup more from customers to cover fuel costs. The utilities don't profit from fuel; but it's an additional charge all the same
Read 7 tweets

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