MEAG Power is working with our Participants to address the increased emphasis that is being promoted in Georgia by private solar panel companies. Local electric companies' fixed cost structure can be negatively impacted if action is not taken to ensure a fair distribution of the expense of providing electricity 24/7.
If legislation ultimately mandates that a percentage of wholesale generation come from renewables, we will look to satisfy that mandate. However, we believe that nuclear energy should be classified as renewable as it meets the criteria of this category namely that it be emissions-free. MEAG Power currently generates more than half of its delivered energy from emissions-free sources.