Georgia Power extends, expands customer assistance programs following Hurricane Helene
Rhea-AI Summary
Georgia Power has extended and expanded customer assistance programs following Hurricane Helene, the most destructive hurricane in its history. The company has suspended disconnections, waived late fees, and paused collection activities for residential and business customers through December 15, 2024. Georgia Power has restored power to over 1.5 million customers, representing 99% of those impacted by the storm.
The company offers various programs to help customers manage energy costs, including the Project SHARE program with the Salvation Army and the Income-Qualified Discount. Georgia Power encourages customers to use online tools like My Power Usage to track and manage energy use. The Southern Company system, including Georgia Power, has pledged $3 million to support recovery efforts.
Positive
- Extended customer assistance programs through December 15, 2024
- Restored power to 99% of impacted customers (over 1.5 million)
- $3 million pledged by Southern Company system for recovery efforts
- Offering various energy cost management programs for customers
Negative
- Extensive damage caused by Hurricane Helene across Georgia
- Potential revenue impact due to suspended disconnections and waived late fees
News Market Reaction 1 Alert
On the day this news was published, SO declined 1.57%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Company continues suspension of disconnections, waives late fees and pauses collection activities for customers through December 15
"Our commitment to customers goes beyond reconnecting power following a storm of this magnitude – we're focused on helping many of our neighbors as they essentially rebuild their lives and communities," said Latanza Adjei, senior vice president of Customer Experience for Georgia Power. "We encourage customers to continue paying their bills on their usual billing cycle and avoid falling behind. However, we recognize that times are challenging for many Georgians even without the impacts of Helene and we want to do all we can to support them. Every Customer Experience team member is dedicated to working with customers who may need assistance to help find a solution that works best for them."
Georgia Power's response to the most destructive hurricane in its history involved more than 20,000 personnel, including Georgia Power's full workforce as well as crews from dozens of other companies around the country. As of October 7, the company has safely restored power to more than 1.5 million customers, or
The Southern Company system, including Georgia Power, also continues to coordinate and contribute to restoration and relief efforts following Hurricane Helene. On October 4, multiple charitable foundations across the system pledged
Programs to Help Customers Manage Energy Costs, Obtain Assistance
Georgia Power partners with nonprofits, community and faith-based organizations to offer assistance programs to those in need year-round. Popular initiatives include the longstanding Project SHARE program with the Salvation Army, as well as the recently expanded Income-Qualified Discount, which may amount to
About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.7 million customers in all but four of
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SOURCE Georgia Power