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.
Key points
- 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
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.