Georgia
Georgia Tech Athletics Receives a Pair of $10 Million Gifts
THE FLATS – Two generous, anonymous families have each given $10 million gifts to support Georgia Tech athletics’ Full Steam Ahead initiative and the Yellow Jackets’ football program, Tech vice president and director of athletics Ryan Alpert has announced.
“We’re incredibly grateful to these two generous families for their investments in Georgia Tech athletics and a championship-level football program,” Alpert said. “Led by these families, their relentless investments in our mission and their belief in our upward trajectory, support of Georgia Tech athletics and Tech football are at unprecedented levels.”
With these transformative gifts, Georgia Tech athletics is well on to set a new fundraising record in the 2026 fiscal year, as donor participation is up 21% in just six months since the fiscal year began on July 1.
Additionally, in just 14 months since the public launch of Full Steam Ahead in October 2024, Tech athletics has received nearly $90 million in new commitments to the initiative. In total, nearly $400 million has been raised towards Full Steam Ahead’s $500 million goal, which is a part of the Institute-wide Transforming Tomorrow campaign.
Georgia Tech continues to display its commitment to fielding nationally prominent, championship-level athletics programs. Notably, Tech athletics has committed to making more than $150 million in investments to its football program over the next several years, which includes the opening of the Fanning Student-Athlete Performance Center in the spring (a state-of-the-art facility that will benefit Georgia Tech’s full body of 300-plus student-athletes), a renovation of Bobby Dodd Stadium at Hyundai Field that will be completed prior to the 2027 season, a continued pledge to provide maximum revenue sharing to student-athletes and significant new resources devoted to expand and enhance staff.
To fulfill these commitments, enhanced engagement and support from the Georgia Tech community is vital.
“We still have progress to make to achieve our goal of consistently competing for championships at the highest levels of intercollegiate athletics,” Alpert continued. “Never in the history of college athletics has success been so closely tied to resources, and now is the time to seize the opportunity to take advantage of the great momentum and energy that we’re experiencing on The Flats.
“Every member of the White and Gold community can play a part. We urge fans to get in the game. Whether it be through gifts to the A-T Fund, purchasing tickets and merchandise, corporate sponsorships – every manner of support is vital to the success of Tech athletics.”
For more information and to make a year-end gift to the A-T Fund, visit atfund.org.
Full Steam Ahead
Full Steam Ahead is a $500 million fundraising initiative to achieve Georgia Tech athletics’ goal of competing for championships at the highest level in the next era of intercollegiate athletics. The initiative will fund transformative projects for Tech athletics, including renovations of Bobby Dodd Stadium at Hyundai Field (the historic home of Georgia Tech football), the Zelnak Basketball Center (the practice and training facility for Tech basketball) and O’Keefe Gymnasium (the venerable home of Yellow Jackets volleyball), as well as additional projects and initiatives to further advance Georgia Tech athletics through program wide-operational support. All members of the Georgia Tech community are invited to visit atfund.org/FullSteamAhead for full details and renderings of the renovation projects, as well as to learn about opportunities to contribute online.
Fourth Quarter
Less than two weeks remain for the Georgia Tech community to take advantage of the A-T Fund’s year-end Fourth Quarter Initiative, which gives supporters the opportunity to receive four A-T Fund priority points for every $100 donated to the Athletic Scholarship Fund through Dec. 31. The Athletic Scholarship Fund provides direct support for student-athletic scholarships and is one of the A-T Fund’s highest annual priorities, as it helps bridge the gap between endowment returns and scholarship costs.
Fourth Quarter gifts to the Athletic Scholarship Fund will provide donors with four A-T Fund priority points per $100 donated, which is double the two points normally allotted per $100 given. A-T Fund priority points are used to allocate benefits such as seat locations and parking for Georgia Tech athletics home events, as well as access to tickets for away games and postseason events, including ACC and NCAA Championships, bowl games and the College Football Playoff. To contribute to the Fourth Quarter Initiative and begin collecting four A-T Fund priority points for every $100 donated, click HERE. For more information, visit atfund.org/4th-quarter.
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Georgia baseball will resume its NCAA Athens Regional game with Long Island at 9 a.m. on Saturday, May 29, after persistent rain—heavy at times—forced the suspension of the game.
The Bulldogs have a commanding 15-1 lead with nobody out in the bottom of the sixth.
The teams and some fans waited out a delay that started 7:14 p.m.
The game was suspended officially at 9:06 p.m. Long Island players were already grabbing their equipment in the dugout to depart for the team hotel before then.
The winner of Georgia-LIU will play No. 3 seed Liberty Saturday in the double-elimination tournament in a game scheduled for 5 p.m.
The loser will play No. 2 seed Boston College at noon.
The No. 3 national seed Bulldogs hit six homers before the game was delayed due to heavy rain.
There was a 53 percent chance of rain at 9 a.m. Saturday, according to weather.com, decreasing to 17 percent at 11 a.m., but there’s a threat of storms in the afternoon.
The Georgia Public Service Commission this week approved a plan expected to reduce utility bills for Georgia Power customers by a few dollars a month.
The commission said the change will generate about $285 million in total annual savings for Georgia Power customers, or roughly $50 per year — about $4.04 per month — for the average residential customer using 1,000 kilowatt-hours a month.
The Georgia PSC voted Thursday to lower overall rates as part of the approved plan.
Georgia Power Chief Financial Officer and Treasurer Tyler Cook said the decision will provide “real savings for Georgia families and businesses as the heat of summer begins and energy use increases.”
“At Georgia Power, our teams work every day to run our business efficiently and keep reliable and affordable energy flowing to our customers,” Cook said.
Cook said the outcome followed months of work between Georgia Power and PSC staff, including reviews, public hearings and input from residents and intervenors.
The approved plan is tied to a stipulated agreement reached earlier this month involving two cases filed with the PSC in February, the Fuel Cost Recovery case and the Storm Cost Recovery case. Those cases addressed recovering fuel costs used to generate electricity and expenses tied to restoring power after storms.
Georgia Power said its rates remain, on average, about 15% below the national average and that it is still on track to provide additional annual savings of about $102 per year for typical residential customers beginning in 2029.
ATLANTA – The Georgia Public Service Commission approved a stipulated agreement on Thursday to lower utility rates for Georgia Power customers starting June 1.
The regulatory body voted to pass the deal without changes, establishing how the utility can bill for fuel costs and storm damage restoration expenses.
State regulators approve rate cuts
What we know:
The Georgia Public Service Commission (PSC) voted 3-2 to reject several utility cost amendments before ultimately passing the overall deal. Under the approved agreement, a typical residential customer using 1,000 kilowatt-hours per month will see monthly bills decrease by roughly $4.03 to $4.04. Total annual savings across all 2.8 million Georgia Power customers are projected to reach approximately $285 million.
The deal reduces how much money the utility can recover from its customer base for storm expenses by nearly 60%, dropping the revenue requirement from $270 million down to $109 million. The agreement also extends the amortization of storm recovery costs, largely tied to Hurricane Helene in 2024, to 67 months, caps natural gas advance purchases at 20% over a 36-month window, and cuts $13 million from the company’s original fuel recovery estimates.
Accountability questions remain unresolved
What we don’t know:
While the PSC agreed to launch a separate investigation into how fuel costs are allocated, officials have not yet confirmed how much large industrial operations will be forced to pay in future rate cases. Consumer advocacy groups argue that massive data center companies are driving up fuel costs for everyday ratepayers without paying for the infrastructure upgrades they require. Critics note that it remains unclear if a future utility asset structure will successfully shift financial burdens away from residential homes.
The Source: The information in this story was gathered from official press releases issued by the Georgia Public Service Commission and Georgia Power, as well as previous FOX 5 Atlanta reporting.
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