Georgia Power reaches settlement on 9,885 MW of new resources, subject to PSC vote Dec. 19
Georgia Power and the Georgia PSC Public Interest Advocacy Staff reached a settlement on December 9, 2025 that, if approved, would resolve the company's 2029-2031 capacity certification proceeding. The settlement would certify all 9,885 megawatts of requested resources, including company-owned projects with about $16.3 billion of projected capital investment, and the company would agree to a rate-case structure aimed at lowering residential costs for 2029 through 2031.
- Settlement covers 9,885 megawatts of requested resources at their individual project costs
- Company-owned projects total about $16.3 billion of projected capital investment, with about $14 billion expected from 2026 through 2029
- Company would file its next base rate case so large load customer revenue puts at least $556 million per year of downward pressure on rates for 2029-2031
- Georgia PSC is scheduled to vote on December 19, 2025; terms may change before final approval