Southeast Attracts Investment with Sensible Utility Regulation and Adequate Electric Supply
Southeast Attracts Investment with Sensible Utility Regulation and Adequate Electric Supply
Across the Southeast, an ever-increasing number of corporations are investing in building large-scale facilities. Key reasons for this economic development are sensible utility regulation and adequate electricity supply in the region. Effective electricity oversight enables utilities and regulators to work together to fully meet our growing energy needs.
A recent example of this trend is Meta’s decision to invest $10 billion in an artificial intelligence-optimized data center in Northeast Louisiana. According to Meta, this new project is estimated to create 500 operational jobs and 5,000 temporary construction jobs and will be the company’s largest AI data center to date. This significant investment underscores how sensible utility regulation fosters long-term economic growth while ensuring that homes and businesses have access to affordable, reliable, and increasingly clean electricity.