Public Power – Joint Action

Through a delivered energy portfolio that has averaged 66% emissions-free since 2016, and projected to be nearly 90% emissions-free by 2045.

With total assets of nearly $12 billion, managed by utility industry financial experts who ensure that our projects are financed under the most favorable terms and rates available.

Through MEAG Power’s ownership in Georgia’s Integrated Transmission System (ITS), a unique 18,000-mile network that allows the efficient flow of power by eliminating the need for multiple private transmission contracts or access fees.

MEAG Power manages the engineering design and construction of various transmission facilities, including both substations and transmission lines, to serve the specific needs of our 49 Participant communities, as well as the system needs for the ITS.

MEAG Power works with national trade associations, monitors bills and meets with legislators at all levels of government, which allows our Participants to speak with a unified voice.

Through ACES, we have access to leading-edge analytics, resources and technology, as well as a team of experts who help us take advantage of value-creating margin opportunities to buy or sell power and fuel to the benefit of our Participants. We are also a founding member of SEEM (the Southeast Energy Exchange Market), which will facilitate sub-hourly, bilateral trading, allowing participants to buy and sell power close to the time the energy is consumed, utilizing available unreserved transmission.

Because the community owns the electric utility, all revenue from that asset is kept and reinvested in the community. This substantial, recurring revenue stream can help lower property taxes and fuel local economic growth and services.

Roads, parks, cultural events, youth and senior programs, and more – projects everyone knows make their hometown a better place.

Decisions concerning the residential and business electricity rates in a public power community are made in the hometown, with local input, local knowledge and an appreciation for community needs. This allows a community to adjust rates for various reasons: to attract new business, support an expanding one, purchase equipment or invest in new technology.

The American Public Power Association reports that, excluding major events, customers of a public power utility are likely to be without power for almost half the time of private utility customers – 75 minutes a year, compared to 142 minutes. At least part of the reason is that crews, equipment and administration are located nearby.