Georgia Power Hits Quarter Century Mark as a Top Utility for Economic Development
Georgia Power has been honored as a Top Utility for Economic Development by Site Selection Magazine for the 25th consecutive year.;
The distinction reflects Georgia Power’s commitment to helping its home state grow and prosper. In the last 10 years alone, the company has helped bring nearly 206,000 jobs to Georgia.
“At Georgia Power, we are committed to supporting the state to bring businesses and opportunities that will enhance the lives of all its citizens, said Meredith Lackey, executive vice president of External Affairs and Nuclear Development for Georgia Power, which includes leadership of the company’s economic development initiatives. “This milestone is an incredible achievement and a testament to our team’s dedication, hard work, and commitment to growing Georgia.”
Georgia Power’s team of business recruitment specialists, engineers, workforce specialists, and research analysts stand ready to provide prospects and interested parties with the tools, resources, and data needed to make informed and impactful decisions.
This milestone wouldn't be possible without noted partners across the state. From the Georgia Department of Economic Development, local chambers and development authorities, School Systems of Georgia, to the Infrastructure and Transportation teams – Georgia’s success is powered by its people, these partnerships, and the company’s passion for the state Georgians call home.
How we got here.
The top utilities featured are those that stand out amongst the nation’s 3,300 utilities for economic development excellence.
Annually, Georgia Power submits an overview to Site Selection outlining new initiatives and innovations from the past year as well as job creation and capital investment supported by Georgia Power.
2022 proved to be a year of innovation and growth, with the Community and Economic Development (C&ED) team stretching its reach and honing its crafts to an exceptional level.
Many of the accomplishments in 2022 have been hailed as unprecedented, and the team is proud to have contributed to historical wins for the state and local communities. This success was recognized by premier sources of news and trends in economic development.
- Georgia was named #1 Best State for Doing Business by Area Development magazine for the 9th year in a row in 2022.
- Georgia ranked the #2 Best State Business Climate by Site Selection magazine, released in November 2022. Historically, Georgia ranked No. 1 and 2 for the last decade, mostly ranking first, based on a survey of site location consultants and Conway location data.
The electric transportation industry experienced extraordinary national growth in 2022, including the two largest projects in Georgia history – the Rivian EV (Electric Vehicle) plant as well as the Hyundai Motor Group Metaplant America.
These announcements and others helped Georgia Power Community & Economic Development set all-time records for jobs and capital investment, more than doubling results from last year, which previously held the record. Recognizing the need to fill the pipeline for jobs created, workforce development efforts also reached milestones, including the number of students engaged.
- 6K jobs created (148% increase from 2021)
- $27.1B capital invested (291% increase from 2021)
- 140,000 students engaged through K-12 programming and workforce development
While supporting this busy year of project work, the Georgia Power team also committed to developing new products and services through innovative and creative strategies. The following are key examples of the initiatives implemented in 2022:
- Megaprojects and Large Site Investments
- Plugging into Georgia’s Leading EV Ecosystem
- Developing a Talent and Workforce Pipeline
- The Power of Innovation to Drive Investment
What’s next?
With significant time left in 2023, the company is already on track for another monumental year in Georgia. The midyear growth report shows more record-breaking capital investment and job creation. The 2023 Q3 will be released early this fall with more details.
In addition to its www.SelectGeorgia.com website, the company’s Economic Development team maintains LinkedIn, Instagram, Facebook, and YouTube channels for announcements, economic development resources, and success stories from businesses and communities. Tagging social media posts with #SelectGeorgia allows the group to amplify Georgia Economic Development stories as well.