Georgia Power CEO’s interview with Georgia Trend
Friday, May 29th, 2009
Georgia Trend magazine this month bestowed Georgia Power CEO Mike Garrett with the title “Most Respected Georgia Businessman.”
You think it’d be a fluff piece. But Garrett’s profile — which in the print edition is bordered by sycophantic ads hilariously congratulating the CORPORATE TITAN for this monumental achievement — is actually eye-opening.
Georgia Trend editor Susan Percy provides some additional details on the utility’s strong-arm effort to pass Senate Bill 31 during the most recent legislative session. That bill, which was recently signed by Gov. Sonny Perdue, allows Georgia Power to charge ratepayers in advance for the financing costs on two new proposed reactors at Plant Vogtle. It was widely lambasted. But bad ideas under the Gold Dome have a way of growing legs and becoming law.
Percy’s one of the first journalists we’ve seen to ask Garrett on the record about the controversial legislation — as well as the steamrollin’ way the bill was shoved down lawmakers’ throats.
