Economic and Community Development
Our performance is tied to the economic health of the Southeast, specifically to the prosperity of the communities we serve. A growing economy means more jobs and a higher quality of life for the people in our region.
Economic development efforts by our utility subsidiaries to expand and attract business to our service territories average about $7 billion in capital investment and more than 23,000 new jobs each year.
Community development goes beyond recruiting businesses to the Southeast. We also work regionally to get communities ready for commerce, which includes educating the work force. For example, we support the Community Coach program in Georgia. Coaches are business volunteers who support local high school graduation coaches in their efforts to increase graduation rates. In several areas we offer new teacher assistance grants. These $1,000 grants go for classroom supplies to new teachers entering the classroom for the first time. We also work with the International Council of Shopping Centers to jump-start retail recruitment in underdeveloped communities.