Dept. of Energy loans to save ratepayers from data center costs - Broadband Communities

Energy Department Announces Largest Loan in Department History, Delivering Over $7 Billion in Electricity Cost Savings for Georgia and Alabama Customers

U.S. Secretary of Energy Chris Wright today announced the Department of Energy’s Office of Energy Dominance Financing (EDF) has closed a historic $26.5 billion loan package to deliver over $7 billion in electricity cost savings to millions of customers in Georgia and Alabama. The post Energy Department Announces Largest Loan in Department History, Delivering Over $7 Billion in Electricity Cost Savings for Georgia and Alabama Customers appeared f…

Dept. of Energy loans to save ratepayers from data center costs - Broadband Communities

News A $26.5 billion loan package will deliver billions of dollars in savings to Georgia and Alabama ratepayers, the US Department of Energy says. By Brad Randall, Broadband Communities Over $7 billion in electricity cost savings for customers in Georgia and Alabama will result from a new $26.5 billion loan package for two subsidiaries of Southern Company, according to the U.S. Department of Energy (DOE). As has been widely reported, rising dema…