Southern Company announced that on December 19, 2025, the Georgia Public Service Commission $(PSC)$ approved a settlement agreement between Georgia Power Company and the PSC’s Public Interest Advocacy Staff. The agreement certifies all 9,885 megawatts of requested resources from the company’s 2029-2031 All-Source Certification Proceeding. The approval covers company-owned projects with a projected capital investment of approximately $16.3 billion, with about $14 billion expected to be spent between 2026 and 2029. The settlement also requires Georgia Power to ensure at least $556 million per year in downward pressure on rates for typical residential customers during 2029-2031.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000092122-25-000100), on December 19, 2025, and is solely responsible for the information contained therein.