Richard Rusk, Engineer

Richard Rusk, Engineer

For Project Developers

Southern Company borrows $26.5 Billion, saves $300 Million per year.

Tag: Grid

Richard Rusk
Feb 28, 2026
∙ Paid

https://www.energy.gov/articles/energy-department-announces-largest-loan-department-history-delivering-over-7-billion

I don’t see how $300 million per year in interest savings on Southern Comany’s books translates to $7 billion savings for consumers, but I guess that is the nature of press releases.

I can calculate a rule of thumb. The $26.5 billion gets…

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