MEAG Power

Name

MEAG Power

Legal name

Municipal Electric Authority of Georgia (MEAG Power)

Website

https://meagpower.org

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

MEAG Power is a nonprofit municipal electric authority providing wholesale electric power to 49 Participant public power communities in Georgia. Founded in 1975, it operates nuclear, hydro, gas, coal, and solar generation plus 1,300+ miles of high-voltage transmission.

Ownership category

akta.pro rank

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain

Revenue model

1. Wholesale Electric Power Sales: MEAG Power generates and transmits reliable, competitively priced wholesale electric power to its 49 Participant public power communities throughout Georgia. Revenue is derived from power sales contracts with municipal utilities.
2. Transmission Services: MEAG Power provides transmission infrastructure including ownership of over 1,300 miles of high-voltage transmission lines and 210+ substations, with shared ownership in Georgia's Integrated Transmission System (ITS) covering nearly 18,000 miles.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MEAG Power is a nonprofit joint action agency that generates and transmits wholesale electric power to 49 Participant public power communities throughout Georgia. It owns and operates diversified generation assets (nuclear via Plant Vogtle, hydropower, natural gas, coal, and solar) and high-voltage transmission infrastructure including over 1,300 miles of owned transmission lines, 210+ substations, and shared ownership in the 17,800-mile Integrated Transmission System. The organization delivers approximately 11.8 million MWh annually to its Participants with a target of nearly 90% emissions-free generation by 2045.

Product overview

MEAG Power is a wholesale electric power provider serving 49 public power communities in Georgia. The company's offerings include diverse power generation (nuclear, hydro, solar, natural gas, and coal) delivering approximately 11.8 million MWh annually, with projections of nearly 90% emissions-free by 2045. Core infrastructure encompasses over 1,300 miles of high-voltage transmission lines and 210+ substations, plus shared ownership in Georgia's Integrated Transmission System (ITS) covering nearly 18,000 miles. The SCADA system provides real-time grid monitoring, while the Transmission Training Center offers operational education. Recent expansion includes the Pineview Solar project (expected operation 2026). Supporting services include vegetation management and FERC compliance documentation.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Generation MEAG Power generates wholesale electricity through a diversified mix of nuclear (Plant Vogtle), hydropower, natural gas, coal, and net purchases for sale to its 49 municipal Participants in Georgia.
• Integrated Transmission System (ITS) A jointly owned, jointly planned and operated 17,800-mile statewide high-voltage transmission network serving 90% of Georgia, providing MEAG Power Participants with seamless access to bulk power transfer capacity.
• SCADA (Supervisory Control & Data Acquisition) An in-house transmission monitoring system that captures instantaneous information from grid lines and substations via smart technology, providing system communications and protection for MEAG Power staff and Participant operators.
• Transmission Training Center A 6,500-square-foot operational training facility in Forsyth, Georgia, offering transmission line and substation operations classes to Participants' operations personnel, with hands-on training via an un-energized substation.
• Pineview Solar Project A utility-scale solar generation facility in Georgia under construction, with all panels delivered and testing expected in Q4 2025 ahead of commercial operation in 2026; expands MEAG Power's solar generation capacity for its Participants.
• Vegetation Management Program A transmission right-of-way vegetation management program operated by MEAG Power (with Georgia Power as contractor) to ensure vegetation does not jeopardize grid reliability and safety in compliance with FERC vegetation management and reliability standards.
• Standards of Conduct for Transmission Providers Written procedures and disclosure documentation developed by MEAG Power to satisfy FERC Order No. 717 Standards of Conduct requirements for competitive transmission services.
• Planning, Engineering & Construction MEAG-provided planning, engineering, and construction services to support Participants' electric distribution and infrastructure needs.
• Legislative Oversight & Advocacy Federal legislative representation and advocacy services, including annual Washington D.C. trips to advocate on behalf of MEAG Power's 49 Participants during federal budget deliberations.

Quantifiable outcome

• Public power customers pay between $100 and $320 less per year for electricity than customers served by investor-owned utilities

Named customers27 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Georgia Transmission CorporationcoreStrategic or Co-development PartnerJoint ownership of the Integrated Transmission System (ITS), a 17,800-mile network covering 90% of Georgia. The ITS is jointly planned and operated as one system while individual transmission lines and substations are owned and maintained by the individual ITS owners.
• Dalton UtilitiescoreStrategic or Co-development PartnerJoint ownership of the Integrated Transmission System (ITS), sharing planning and operational responsibilities for Georgia's statewide transmission grid.
• Georgia PowercoreStrategic or Co-development PartnerJoint ownership of the Integrated Transmission System (ITS), providing nearly statewide access to transmission capacity through collaborative ownership model.
• Georgia PowerminorImplementation/ SI/ Consulting PartnerGeorgia Power serves as contractor to MEAG Power to manage vegetation management fieldwork, meeting federal vegetation management and reliability standards established by FERC.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PowerSouth Energy Cooperative: Alabama-based generation-and-transmission cooperative supplying wholesale power to distribution cooperatives. Comparable as a nonprofit, member-owned wholesale electricity provider operating own generation, transmission, and substations in the Southeast.
• American Municipal Power (AMP): Ohio-based joint action agency providing wholesale generation and transmission to municipal electric utilities across multiple states. Direct comparable to MEAG Power in nonprofit, member-owned structure and wholesale-only business model serving municipal Participants.
• Seminole Electric Cooperative: Florida-based generation-and-transmission cooperative providing wholesale power to 10 distribution cooperative members. Comparable as a nonprofit, member-owned wholesale provider owning generation and transmission assets in the Southeast.
• Oglethorpe Power Corporation: Georgia-based cooperative supplying wholesale power to 38 electric membership corporations (EMCs) and is a co-owner of Plant Vogtle alongside MEAG Power. Highly comparable as a member-owned Georgia wholesale power supplier with shared nuclear exposure.
• Santee Cooper (South Carolina Public Service Authority): State-owned public utility in South Carolina generating and transmitting wholesale electricity. Comparable as a publicly owned vertically integrated utility that operates generation and transmission for wholesale distribution in a single Southeast state.
• Great River Energy: Minnesota-based generation-and-transmission cooperative supplying wholesale power to 28 distribution cooperatives. Comparable as a member-owned wholesale electric provider owning and operating utility-scale generation and transmission infrastructure on behalf of distribution utilities.
• Energy Northwest: Washington-state joint operating agency owned by 27 public utility members that owns and operates generation assets including nuclear. Comparable as a member-owned public-power entity aggregating demand to own utility-scale generation on behalf of Participants.

Broad incumbents

• Georgia Power Company: Investor-owned utility and the dominant vertically integrated electric utility in Georgia; co-owner of the Integrated Transmission System and Plant Vogtle alongside MEAG. Comparable as a Georgia generation/transmission peer but broader in scope (retail + wholesale) and owned by Southern Company rather than municipal Participants.
• Tennessee Valley Authority (TVA): Federally owned corporation generating and transmitting wholesale power across seven Southeast states. Comparable in wholesale-only model and federal/state-ownership structure, though far larger and multi-state rather than single-state like MEAG.
• Sacramento Municipal Utility District (SMUD): California community-owned utility providing generation, transmission, and distribution to residential and commercial customers. Comparable as a publicly owned utility, though vertically integrated with retail operations unlike MEAG's wholesale-only model.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/meagpower
• Facebookfacebook.com/Meag-Power-104182392982502
• LinkedInlinkedin.com/company/meag-power

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MEAG Power