rate reduction
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“.Deal Struck to Keep Electricity Affordable and Meet Georgia’s Future Energy Needs
final.Georgia Power has reached a stipulated agreement with the Georgia Public Service Commission that, if approved, will keep residential rates frozen through 2028 and deliver about $102 annual savings per typical household. The deal shifts $556 million in incremental revenue from large‑load customers into new resources, including 3,600 MW of combined‑cycle gas, over 3,000 MW of battery storage, 350 MW of solar‑paired storage, and 2,800 MW of PPAs. The strategy aims to meet rising demand while supporting clean‑energy goals and protecting small‑consumer rates.
