Georgia Power: Georgia PSC approves settlement certifying 9,885 MW of new resources
The Georgia Public Service Commission voted on December 19, 2025 to approve a settlement that certifies all 9,885 megawatts of requested resources in Georgia Power's 2029-2031 capacity proceeding. Company-owned projects total about $16.3 billion of projected capital investment, with about $14 billion expected to be incurred from 2026 through 2029, which is significant for the utility's future spending and rate base.
- Georgia PSC approved the settlement with Public Interest Advocacy Staff on December 19, 2025; it was filed December 9, 2025
- All 9,885 megawatts of requested resources approved at their respective individual project cost
- Company-owned projects total about $16.3 billion in projected capital investment, about $14 billion expected in 2026 through 2029
- Company agreed to file its next base rate case to ensure large load customers provide at least $556 million per year in customer benefits for 2029-2031