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Google and Georgia Power Target $900 Million in Customer Savings

A new agreement between Google and Georgia Power aims to generate $900 million in projected customer benefits by financing nuclear capacity upgrades. The deal, currently awaiting regulatory approval, focuses on expanding the output of Plants Vogtle and Hatch to meet rising energy demands while lowering costs for local residents.

Google and Georgia Power Target $900 Million in Customer Savings

The proposal, filed with the Georgia Public Service Commission, outlines a subscription-based model where Google funds power uprates at nuclear facilities. These upgrades involve technical modifications to turbines, pumps, and cooling systems, allowing existing reactors to increase their electrical output by approximately 96 megawatts without requiring new fuel designs.

Under the terms of the NU-1 tariff structure, Google will secure carbon-free attributes through Zero-Emission Credits while shielding non-participating customers from the financial risks of the construction. Georgia Power officials view the partnership as a strategy to manage large-load growth, ensuring that the expansion of digital infrastructure translates into grid reliability and direct savings for the utility's 2.8 million customers.

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