Georgia Power - the largest affiliate of electric utility
) - announced that it is assisting Piedmont College to reduce
aggregate cost through Georgia Power's Commercial Energy
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Through this program, the school will be able to utilize energy
efficiently by upgrading its lighting, making it more energy
efficient. Piedmont College has already completed lighting
retrofit of 13 buildings located in the Demorest campus.
Georgia Power management estimates that Piedmont College will be
able to save greater than $6,000 per year by utilizing energy
Georgia Power's Commercial Energy Efficiency program offers
incentives and rebates to their customers. The program is also
encouraging customers to use energy efficient equipment at
hospitals, schools, universities, and other businesses.
Georgia Power - one of the four electric utilities that make up
Southern Company - is an investor-owned, tax-paying utility that
serves 2.4 million customers across Georgia. It has been
providing electricity to Georgia for more than a century at rates
well below the national average.
Headquartered in Atlanta, Georgia, Southern Company is one of the
largest generators of electricity in the nation, along with the
Duke Energy Corporation
). Southern Company serves both regulated and competitive markets
across the southeastern U.S.
Southern Company currently carries a Zacks Rank #3 (Hold),
implying that it is expected to perform in line with the broader
U.S. equity market over the next one to three months.
Meanwhile one can look at
Brookfield Infrastructure Partners LP
), another electric utility, as an attractive investment. The
firm sports a Zacks Rank #1 (Strong Buy), implying that it is
expected to outperform the U.S. equity market over the next one
to three months.