Georgia Power Launches Renewable Energy Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2026
0mins
Source: PRnewswire
- Renewable Energy Expansion: Georgia Power's CARES CIR program, approved by the Public Service Commission, allows commercial and industrial customers to submit additional renewable energy projects, potentially adding up to 3,000 megawatts of renewable energy projects, thereby enhancing customer sustainability options.
- Solar Procurement Achievements: Over the past two years, Georgia Power has procured more than 2,200 megawatts of new solar through the CARES program, demonstrating the company's strong commitment to promoting renewable energy while providing significant economic benefits to customers.
- Project Approval Process: The CARES CIR program enables customers to identify and submit projects, with Georgia Power establishing long-term power purchase agreements (PPAs) with qualified developers to ensure project viability and customer interests, thus enhancing overall service quality.
- Growing Market Demand: As more customers seek to support renewable energy, interest in CARES subscriptions continues to grow, which not only helps expand access to renewables but also ensures that the interests and protections for all Georgia Power customers are maintained.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SO
Wall Street analysts forecast SO stock price to fall
17 Analyst Rating
4 Buy
11 Hold
2 Sell
Hold
Current: 95.990
Low
45.00
Averages
92.34
High
109.00
Current: 95.990
Low
45.00
Averages
92.34
High
109.00
About SO
The Southern Company is an energy provider. The Company owns three traditional electric operating companies, Southern Power Company and Southern Company Gas. The traditional electric operating companies-Alabama Power, Georgia Power and Mississippi Power-are operating public utility companies providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. The Southern Power Company develops, constructs, acquires, owns, and manages power generation assets, including battery energy storage projects, and sells electricity at market-based rates in the wholesale market. The Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas in four states - Illinois, Georgia, Virginia, and Tennessee, through the natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Market Capitalization Comparison: Southern Company vs. Equinix Inc.
- Market Cap Comparison: Southern Company's market capitalization stands at $107.89 billion, compared to Equinix's $102.80 billion, indicating Southern's relative strength in the market, which may attract more attention from large investors.
- Investor Misconceptions: Many novice investors mistakenly believe that a higher stock price indicates greater value, but market capitalization provides a more accurate comparison of company value, highlighting the importance of this metric.
- Market Positioning Impact: A company's market cap determines its size tier among peers, directly influencing which mutual funds and ETFs are willing to hold the stock, particularly those focused on large-cap stocks.
- Stock Price Fluctuations: At Wednesday's close, Southern Company was down about 0.5%, while Equinix fell approximately 2.8%, reflecting differing market reactions that could influence investor decisions.
See More
Mercy Housing Receives Energy Efficiency Award
- Energy Achievement: Mercy Housing's multi-family housing projects in Northern Illinois have earned over $1.5 million in incentives through the installation of energy-efficient equipment, expected to save 417,000 kilowatt-hours of electricity and 48,000 therms of natural gas, significantly reducing energy costs for residents.
- Environmental Impact: These energy-saving measures are projected to prevent nearly 1.4 million pounds of carbon emissions annually, equivalent to planting nearly 650 acres of trees or removing 150 cars from the road, showcasing Mercy Housing's commitment to sustainability.
- Partnerships: Mercy Housing collaborated with energy companies like ComEd and Nicor Gas to drive energy efficiency upgrades in over 2,000 affordable housing units, enhancing residents' quality of life while lowering energy expenses.
- Future Outlook: Mercy Housing plans to continue its partnership with energy companies to implement more energy efficiency projects, supporting clean energy goals and creating a more sustainable living environment for the community.
See More
Southern Company Shares Snap Six-Day Gain
- Price Decline: Southern Company (SO) saw its shares settle 0.42% lower at $96.75 after six consecutive days of gains, indicating short-term market volatility.
- Market Performance: During the period from June 18 to June 26, the company's stock rose over 4%, contrasting with a nearly 2% decline in the S&P 500 index, showcasing its strong relative performance against the market.
- Analyst Ratings: While Seeking Alpha analysts rated the stock as a 'Buy' due to growth potential from infrastructure projects, Wall Street analysts generally issued a 'Hold' rating, reflecting a divergence in market sentiment.
- Growth Potential: The company is constructing 10 GW of new state-regulated resources and over 500 miles of new transmission lines, and despite risks from slower data center load conversion and regulatory pushback, analysts believe the risk-reward profile remains attractive.
See More
Georgia Power Launches Renewable Energy Program
- Renewable Energy Expansion: Georgia Power's CARES CIR program, approved by the Public Service Commission, allows commercial and industrial customers to submit additional renewable energy projects, potentially adding up to 3,000 megawatts of renewable energy projects, thereby enhancing customer sustainability options.
- Solar Procurement Achievements: Over the past two years, Georgia Power has procured more than 2,200 megawatts of new solar through the CARES program, demonstrating the company's strong commitment to promoting renewable energy while providing significant economic benefits to customers.
- Project Approval Process: The CARES CIR program enables customers to identify and submit projects, with Georgia Power establishing long-term power purchase agreements (PPAs) with qualified developers to ensure project viability and customer interests, thus enhancing overall service quality.
- Growing Market Demand: As more customers seek to support renewable energy, interest in CARES subscriptions continues to grow, which not only helps expand access to renewables but also ensures that the interests and protections for all Georgia Power customers are maintained.
See More
Georgia Power Launches CARES CIR Program for Renewable Energy
- Renewable Energy Subscription: Georgia Power has launched the CARES CIR program, allowing commercial and industrial customers to identify and submit renewable energy projects, with the potential to add up to 3,000 megawatts of renewable energy, enhancing customer sustainability options.
- Project Scale and Classification: The CARES CIR program is divided into two categories: utility-scale projects for customers with annual energy demands over 3 MW and distributed generation projects for those with demands between 1 MW and 3 MW, ensuring diverse customer needs are met.
- Power Purchase Agreements: Once projects are approved, Georgia Power will establish long-term power purchase agreements (PPAs) with qualified developers and execute subscription agreements with participating customers, ensuring smooth project implementation and customer benefits.
- Market Response and Growth Potential: As customer demand for renewable energy continues to rise, the launch of the CARES CIR program not only increases customer engagement but also enhances Georgia Power's competitiveness in the market by providing flexible renewable energy solutions.
See More
Southern Company to Release Q2 2026 Earnings on July 30
- Earnings Release Schedule: Southern Company plans to release its Q2 2026 earnings on July 30 at 7:30 a.m. ET, reflecting its operational performance and financial health in the energy market.
- Analyst Conference Call: Chairman and CEO Christopher C. Womack and CFO David P. Poroch will hold a conference call at 1 p.m. ET on the same day to discuss earnings, expected to provide insights into future performance.
- Webcast Availability: Investors, media, and the public can listen to the live webcast of the conference call on Southern Company's investor website, enhancing transparency and stakeholder engagement.
- Company Background: Southern Company is a leading energy provider serving 9 million customers across the Southeast, with electric and natural gas distribution operations, showcasing its extensive influence and market position in the energy sector.
See More
Market Capitalization Comparison: Southern Company vs. Equinix Inc.
- Market Cap Comparison: Southern Company's market capitalization stands at $107.89 billion, compared to Equinix's $102.80 billion, indicating Southern's relative strength in the market, which may attract more attention from large investors.
- Investor Misconceptions: Many novice investors mistakenly believe that a higher stock price indicates greater value, but market capitalization provides a more accurate comparison of company value, highlighting the importance of this metric.
- Market Positioning Impact: A company's market cap determines its size tier among peers, directly influencing which mutual funds and ETFs are willing to hold the stock, particularly those focused on large-cap stocks.
- Stock Price Fluctuations: At Wednesday's close, Southern Company was down about 0.5%, while Equinix fell approximately 2.8%, reflecting differing market reactions that could influence investor decisions.
See More
Mercy Housing Receives Energy Efficiency Award
- Energy Achievement: Mercy Housing's multi-family housing projects in Northern Illinois have earned over $1.5 million in incentives through the installation of energy-efficient equipment, expected to save 417,000 kilowatt-hours of electricity and 48,000 therms of natural gas, significantly reducing energy costs for residents.
- Environmental Impact: These energy-saving measures are projected to prevent nearly 1.4 million pounds of carbon emissions annually, equivalent to planting nearly 650 acres of trees or removing 150 cars from the road, showcasing Mercy Housing's commitment to sustainability.
- Partnerships: Mercy Housing collaborated with energy companies like ComEd and Nicor Gas to drive energy efficiency upgrades in over 2,000 affordable housing units, enhancing residents' quality of life while lowering energy expenses.
- Future Outlook: Mercy Housing plans to continue its partnership with energy companies to implement more energy efficiency projects, supporting clean energy goals and creating a more sustainable living environment for the community.
See More
Southern Company Shares Snap Six-Day Gain
- Price Decline: Southern Company (SO) saw its shares settle 0.42% lower at $96.75 after six consecutive days of gains, indicating short-term market volatility.
- Market Performance: During the period from June 18 to June 26, the company's stock rose over 4%, contrasting with a nearly 2% decline in the S&P 500 index, showcasing its strong relative performance against the market.
- Analyst Ratings: While Seeking Alpha analysts rated the stock as a 'Buy' due to growth potential from infrastructure projects, Wall Street analysts generally issued a 'Hold' rating, reflecting a divergence in market sentiment.
- Growth Potential: The company is constructing 10 GW of new state-regulated resources and over 500 miles of new transmission lines, and despite risks from slower data center load conversion and regulatory pushback, analysts believe the risk-reward profile remains attractive.
See More
Georgia Power Launches Renewable Energy Program
- Renewable Energy Expansion: Georgia Power's CARES CIR program, approved by the Public Service Commission, allows commercial and industrial customers to submit additional renewable energy projects, potentially adding up to 3,000 megawatts of renewable energy projects, thereby enhancing customer sustainability options.
- Solar Procurement Achievements: Over the past two years, Georgia Power has procured more than 2,200 megawatts of new solar through the CARES program, demonstrating the company's strong commitment to promoting renewable energy while providing significant economic benefits to customers.
- Project Approval Process: The CARES CIR program enables customers to identify and submit projects, with Georgia Power establishing long-term power purchase agreements (PPAs) with qualified developers to ensure project viability and customer interests, thus enhancing overall service quality.
- Growing Market Demand: As more customers seek to support renewable energy, interest in CARES subscriptions continues to grow, which not only helps expand access to renewables but also ensures that the interests and protections for all Georgia Power customers are maintained.
See More
Georgia Power Launches CARES CIR Program for Renewable Energy
- Renewable Energy Subscription: Georgia Power has launched the CARES CIR program, allowing commercial and industrial customers to identify and submit renewable energy projects, with the potential to add up to 3,000 megawatts of renewable energy, enhancing customer sustainability options.
- Project Scale and Classification: The CARES CIR program is divided into two categories: utility-scale projects for customers with annual energy demands over 3 MW and distributed generation projects for those with demands between 1 MW and 3 MW, ensuring diverse customer needs are met.
- Power Purchase Agreements: Once projects are approved, Georgia Power will establish long-term power purchase agreements (PPAs) with qualified developers and execute subscription agreements with participating customers, ensuring smooth project implementation and customer benefits.
- Market Response and Growth Potential: As customer demand for renewable energy continues to rise, the launch of the CARES CIR program not only increases customer engagement but also enhances Georgia Power's competitiveness in the market by providing flexible renewable energy solutions.
See More
Southern Company to Release Q2 2026 Earnings on July 30
- Earnings Release Schedule: Southern Company plans to release its Q2 2026 earnings on July 30 at 7:30 a.m. ET, reflecting its operational performance and financial health in the energy market.
- Analyst Conference Call: Chairman and CEO Christopher C. Womack and CFO David P. Poroch will hold a conference call at 1 p.m. ET on the same day to discuss earnings, expected to provide insights into future performance.
- Webcast Availability: Investors, media, and the public can listen to the live webcast of the conference call on Southern Company's investor website, enhancing transparency and stakeholder engagement.
- Company Background: Southern Company is a leading energy provider serving 9 million customers across the Southeast, with electric and natural gas distribution operations, showcasing its extensive influence and market position in the energy sector.
See More
