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Georgia Power Rates Stay the Same for 3 Years

  • The Georgia Public Service Commission approved a three-year base rate freeze for Georgia Power through 2028, with storm costs to be addressed separately.
  • The decision originated from a May stipulation between Georgia Power and the Georgia Public Service Commission's Advocacy Staff to extend the 2022 alternate rate plan, leading to the rate freeze approval.
  • During a seven-hour public hearing, PSC Chairman Jason Shaw expressed relief that the commission could provide rate stability for Georgia Power’s 2.8 million customers amid ongoing inflation concerns.
  • Despite the rate freeze, Georgia Power customers may face higher bills due to unrecovered storm and fuel costs, scheduled for recovery in 2026.
  • The PSC's approval of a rate freeze through 2028 positions Georgia Power's future regulation amid upcoming elections on July 15 and in November, with a separate storm cost proceeding scheduled for early 2026.
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Cherokee Tribune Ledger NewsCherokee Tribune Ledger News
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PSC approves Georgia Power rate freeze

ATLANTA – State energy regulators Tuesday unanimously approved Georgia Power’s plan to freeze customer rates for the next three years.

·Cherokee County, United States
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coosavalleynews.com broke the news in on Tuesday, July 1, 2025.
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