ATLANTA, July 1, 2025 /PRNewswire/ -- The Georgia Public Service Commission $(PSC.AU)$ has approved a plan to maintain Georgia Power's base rates through at least the end of 2028. This decision follows a stipulated agreement between Georgia Power and the Georgia PSC Public Interest Advocacy Staff, aimed at providing stability and predictability for all 2.8 million customers. While base rates are to remain unchanged, storm costs, including those from Hurricane Helene, will be addressed separately in a proceeding expected in the first half of 2026. This initiative is part of Georgia Power's ongoing efforts to manage risks and costs associated with "large load" users and ensure a fair approach for all customers amidst Georgia's extraordinary economic growth and increased electricity demand. For further details, visit Georgia Power's website.
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