The economic impact of the coronavirus (COVID-19) has been devastating
to Georgians, but also to people all over the country. Companies are filing
bankruptcy. Businesses are shutting down permanently. Millions have lost
their jobs. And life, as we know it, will
never be the same. While fraudsters are taking advantage of people’s uncertainty and
vulnerability during this stressful time, there are also businesses that
are doing some pretty remarkable things, with our very own Georgia Power
Foundation being one of them.
“The Georgia Power Foundation, Inc. is investing $1 million in 2020
to support the state of Georgia in addressing the unprecedented impacts
of the COVID-19 pandemic. As Georgia Power continues to provide safe,
reliable energy for its customers and works to ensure the safety and health
of its employees, the company has recognized the strain the global health
crisis has put on many families and individuals across the communities
it serves,” according to a
news release issued by Georgia Power.
Economic Challenges Faced by GP Customers
Georgia Power’s customers, the community, and the state are facing
unique economic challenges because of the COVID-19 pandemic. As such,
Georgia Power is committing to helping their customers and neighbors just
as they have done for over 130 years. “This investment by our foundation
is an addition to the $1.5 million that Georgia Power has already committed
by way of partnerships such as Project Share to help meet the basic needs
of those impacted,” said Paul Bowers, chairman, president, and CEO
of Georgia Power.
The $1.5 million investment will focus on helping address food insecurity,
homelessness, and displaced worker assistance. Additionally, Georgia Power
is conscious of pandemic-related shutdowns that have affected its customers,
which is why the company announced on March 14, 2020 that it was
suspending residential shutdowns for 30 days, but it would also be reevaluating the timeframe as the situation develops.