October 25, 2016 12:35 PM ET

Electric Utilities

Company Overview of Georgia Power Co.

Company Overview

Georgia Power Company generates, purchases, transmits, distributes, and sells electricity in Georgia. The company generates electricity from coal, nuclear, and natural gas sources, as well as renewable sources, such as solar, hydroelectric, and wind. As of April 28, 2016, it served 2.5 million residential, commercial, industrial, and other clients in 4 of Georgia's 159 counties. Georgia Power Company sells electricity at retail in approximately 600 communities, including Athens, Atlanta, Augusta, Columbus, Macon, Rome, and Savannah, as well as in rural areas; and at wholesale to Oglethorpe Power Corporation, municipal electric authority of Georgia, city of Dalton, various electric membership...

241 Ralph McGill Boulevard, N.E.

Atlanta, GA 30308

United States

Founded in 1927

7,989 Employees



Key Executives for Georgia Power Co.

Chairman, Chief Executive Officer, President and Chairman of Executive Committee
Age: 60
Chief Financial Officer, Executive Vice President, Corporate Secretary and Treasurer
Age: 59
Executive Vice President of Nuclear Development, Chief Executive Officer of Southern Power Company and President of Southern Power Company
Age: 54
Executive Vice President of Customer Service and Operations
Age: 58
Senior Vice President and Senior Production Officer of Generation - Southern Company
Age: 47
Compensation as of Fiscal Year 2016.

Georgia Power Co. Key Developments

Georgia Power Appoints Meredith Lackey as General Counsel, Senior Vice President and Corporate Secretary

Georgia Power elected Meredith Lackey general counsel, senior vice president and corporate secretary of Georgia Power. She will also serve as the company's chief compliance officer. In her new role, Lackey will be responsible for overseeing Georgia Power's corporate compliance, risk management, security, and legal services functions. She will provide legal counsel to Georgia Power's leadership team and serve on the company's management council. Lackey comes to Georgia Power from Colonial Pipeline Co., where she has served as vice president and general counsel since 2012. Prior to joining Colonial, Lackey worked for a large international mining company based in the Atlanta area where she served as director of human resources for one of the company's major U.S. divisions.

Tri-County EMC Announces Commercial Operation of a One Megawatt Community Solar Electricity Generation Farm in Eatonton, Georgia

Tri-County EMC announced commercial operation of a one megawatt (MW) community solar electricity generation farm in Eatonton, Georgia. The project was developed jointly between Tri-County EMC, Georgia Power and United Renewable Energy LLC. Tri-County EMC provides the low cost solar energy to its participating member-owners as a credit on their bill. As a co-operative utility, it is owned by its members receiving electric service. This innovative program allows any member to participate, has no up-front cost associated with it and no long term contract. Programs like this are an alternative for any electricity user who does not have a house or business suitable for installing solar panels and for those who want to participate in clean renewable energy programs, without having to purchase or install panels themselves. The project was developed and will be owned and maintained by Georgia Power, which has a long-standing wholesale relationship with Tri-County EMC.

Georgia Power Co. Wins $80 Million Federal Contract

Georgia Power Co. was awarded an $80 million federal contract by the U.S. Army Contracting Command for electrical distribution services. The place of performance will be at Fort Stewart, Georgia.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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