Georgia Power to bring 90 megawatts of solar generation to Georgia Army bases

Georgia Power to bring 90 megawatts of solar generation to Georgia Army bases

Forts Stewart, Benning and Gordon to house largest solar facilities on any
U.S. military base

PR Newswire

ATLANTA, May 15, 2014

ATLANTA, May 15, 2014 /PRNewswire/ --Georgia Power today announced plans to
build, own and operate three separate solar generation facilities on U.S. Army
bases in Georgia. The generation facilities, each capable of producing
approximately 30 megawatts (MW) AC of solar energy, will be located at Fort
Stewart near Savannah, Fort Benning near Columbus and Fort Gordon near
Augusta. Scheduled to be completed by the end of 2016, the facilities are
expected to be the largest solar generation facilities operating on U.S.
military bases. The announcement was made as part of the company's updated
Renewable Resource Action Plan filed with the Georgia Public Service
Commission (PSC).

Georgia Power logo

"Through constructive regulation and thoughtful energy policy planning,
Georgia is leading the way in developing cost-effective solar generation for
customers," said Norrie McKenzie, vice president of renewable development for
Georgia Power. "The agreement with the U.S. Army not only marks another step
for Georgia Power's solar initiatives, but further enhances the state's
position as a solar leader and will strengthen both the bases and the
surrounding communities."

As part of the review and approval of the company's 2007 Integrated Resource
Plan, the Georgia PSC approved the development of three cost-effective
renewable projects of less than 30 MW to be owned by Georgia Power. The three
projects will be brought online at or below the company's avoided cost, the
amount projected it would cost the company to generate comparable energy from
other sources. 

Georgia Power is committed to developing economical renewable energy as part
of a balanced generation portfolio including new nuclear, advanced coal and
natural gas, as well as energy efficiency. By 2016, the company projects it
will have a solar portfolio of nearly 900 MW – the largest voluntary solar
portfolio in the nation. In addition to the new solar projects with the U.S.
Army, the company anticipates more than 500 new solar projects will be brought
online in the coming years through existing solar programs including the
Large-Scale Solar initiative and Georgia Power Advanced Solar Initiative.

About Georgia Power

Georgia Power is the largest subsidiary of Southern Company (NYSE: SO), the
premier energy company serving the Southeast through its subsidiaries. Value,
Reliability, Customer Service and Stewardship are the cornerstones of the
company's promise to 2.4 million customers in all but four of Georgia's 159
counties. Committed to delivering clean, safe, reliable and affordable energy
at rates below the national average, Georgia Power maintains a diverse,
innovative generation mix that includes nuclear, advanced coal and natural
gas, renewables such as solar, hydroelectric and wind, as well as a variety of
energy efficiency programs. Consistently recognized as a leader in customer
service, Georgia Power was recently ranked highest in overall business
customer satisfaction among large utilities in the South by J.D. Power and
Associates. For more information, visit www.GeorgiaPower.com and connect with
the company on Facebook (Facebook.com/GeorgiaPower) and Twitter
(Twitter.com/GeorgiaPower).

Cautionary Note Regarding Forward-Looking Statements:

Certain information contained in this release is forward-looking information
based on current expectations and plans that involve risks and uncertainties.
Forward-looking information includes, among other things, statements
concerning the completion of ongoing construction projects and projected
installed capacity of solar generation resources. Georgia Power Company
cautions that there are certain factors that can cause actual results to
differ materially from the forward-looking information that has been provided.
The reader is cautioned not to put undue reliance on this forward-looking
information, which is not a guarantee of future performance and is subject to
a number of uncertainties and other factors, many of which are outside the
control of Georgia Power Company; accordingly, there can be no assurance that
such suggested results will be realized. The following factors, in addition to
those discussed in Georgia Power Company's Annual Report on Form 10-K for the
year ended December 31, 2013, and subsequent securities filings, could cause
actual results to differ materially from management expectations as suggested
by such forward-looking information: ability to control costs and avoid cost
overruns during the development and construction of facilities, to construct
facilities in accordance with the requirements of permits and licenses, to
satisfy any operational and environmental performance standards, including the
requirements of tax credits and other incentives, and to integrate facilities
into the Southern Company system upon completion of construction; and
potential business strategies, including acquisitions or dispositions of
assets or businesses, which cannot be assured to be completed or beneficial to
Georgia Power Company. Georgia Power Company expressly disclaims any
obligation to update any forward-looking information.

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SOURCE Georgia Power

Website: http://www.georgiapower.com
Contact: Georgia Power Media Relations, (404) 506-7676 or (800) 282-1696
 
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