Feds Approve $26.5 Billion Loan for Georgia-Alabama Power Expansion: Who Really Benefits?

In a move touted by federal energy officials as a step toward affordable and reliable electricity, the U.S. government has approved a record $26.5 billion loan to Georgia Power and Alabama Power—subsidiaries of Southern Company—for an ambitious expansion of natural gas power plants and transmission lines. Is This Federal Loan Really About Lowering Costs for American Families? Energy Secretary Chris Wright claims this loan will save customers over $7 billion through federally subsidized interest rates, framing it as an investment in grid reliability amid rising demand from burgeoning data centers. Yet, is this massive infusion truly in the best interests...