## Georgia Power Secures Regulatory Approval for Major Capacity Expansion, Promising Customer Savings Amidst Surge in Demand
**ATLANTA, December 19, 2025** – Georgia Power has received a significant endorsement from the Georgia Public Service Commission (PSC), greenlighting a comprehensive plan to acquire approximately 9,900 megawatts (MW) of diverse and cost-effective generation resources. This strategic move is designed to meet the escalating energy demands of a state experiencing unprecedented growth, while simultaneously delivering tangible savings to its residential customers.
The approved plan is the result of a stipulated agreement between Georgia Power and the Public Interest Advocacy (PIA) Staff. Under this agreement, the company is committed to filing its next base rate case in 2028 with a structure that ensures incremental revenue from large-load customers will translate into substantial benefits for typical residential users. These benefits are projected to amount to at least $556 million annually, equivalent to roughly $8.50 per month, or approximately $102 per year, for a household consuming 1,000 kilowatt-hours monthly. This initiative reinforces Georgia Power’s commitment to maintaining affordable energy costs, even as the state navigates a period of extraordinary economic expansion. The announcement follows the company’s earlier decision to freeze its base rates through 2028, a move aimed at cushioning customers from rising energy expenditures.
Kim Greene, Chairman, President, and CEO of Georgia Power, emphasized the customer-centric nature of the agreement. “We understand the importance of every dollar for our customers,” Greene stated. “This plan ensures that more money remains in the pockets of Georgians while we simultaneously invest in powering the state’s future. Our approach in Georgia is unique, designed to effectively capture and serve this projected, unparalleled growth. By having large energy users contribute more significantly, we are able to lower costs for families and small businesses, a truly beneficial outcome for all Georgians.”
The PSC’s approval marks the culmination of months of rigorous review and discussion following Georgia Power’s July filing. That initial request outlined the need for over 3,600 MW of new combined cycle natural gas generation, more than 3,000 MW of new battery energy storage systems (BESS), an additional 350 MW of BESS combined with solar, and approximately 2,800 MW through power purchase agreements. These resources are integral to forming a diverse generation portfolio that will serve all customers and are expected to generate considerable economic benefits through construction projects across the state.
Georgia’s economic trajectory is striking, with the Georgia Department of Economic Development reporting over $26 billion in new investment and more than 23,000 new private-sector jobs generated in the last fiscal year alone. Georgia Power is actively collaborating with the Georgia PSC to proactively meet the projected surge in electricity demand, recognizing that reliable energy infrastructure is a critical enabler of job creation and tax revenue generation for communities statewide.
“Growth is a powerful engine for Georgia and its diverse communities,” Greene added. “Today’s decision by the Georgia PSC is instrumental in maintaining our state’s competitive edge, signaling our readiness to meet the energy requirements of incoming businesses for years to come. We are grateful for the diligent work of the PSC and all parties involved in this crucial process.”
**Sustained Large-Load Growth Fuels Economic Strategy**
Georgia Power will continue to provide the Georgia PSC with quarterly updates on large-load growth and demand forecasts. The company’s latest report, issued in November, indicates a robust pipeline of new electrical load, with thousands of megawatts projected in the coming years and nearly 30 large-load projects currently under construction or in the planning stages. This expanding base of high-demand customers is a key factor underpinning the company’s current three-year base rate freeze (excluding storm restoration costs), enabling the equitable distribution of fixed costs across a broader customer base and shielding residential and small business customers from disproportionate cost increases.
Following the PSC’s January approval of updated rules and regulations, prospective large-load customers face more stringent qualification criteria. These now include enhanced financial commitments and demonstrated infrastructure readiness, ensuring that only the most credible and viable projects are integrated into Georgia Power’s load forecast. The company has already secured and filed over 3 gigawatts of new customer contracts under these revised regulations, which are designed to provide the flexibility needed to sustainably serve large-load customers while simultaneously protecting smaller consumers from added expenses. Further commitments are currently under company review.
For more information on Georgia Power’s strategies to ensure reliable and affordable energy for Georgia’s homes and businesses, please visit www.GeorgiaPower.com.
**About Georgia Power**
Georgia Power, the largest electric subsidiary of Southern Company, is dedicated to providing reliable, safe, and affordable energy to 2.8 million customers across Georgia. The company’s diverse generation mix includes nuclear, coal, natural gas, and renewable sources such as solar, hydro, and wind. Recognized for its commitment to customer satisfaction and industry-leading service, Georgia Power operates with a focus on value, reliability, customer service, and stewardship.
**Cautionary Note Regarding Forward-Looking Statements**
This release contains forward-looking statements based on current expectations and plans, which involve inherent risks and uncertainties. Actual results may differ materially due to various factors, including regulatory actions, environmental regulations, litigation, competition, demand fluctuations, fuel costs, project execution risks, technological advancements, and broader economic conditions. Georgia Power disclaims any obligation to update these forward-looking statements.
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