Refunds, Credits & Savings
Georgia Power works every day to deliver world-class customer service and keep customers’ bills as low as possible. Over the past several months, the company has announced a variety of refunds, credits and savings due to a variety of factors, such as the Toshiba parent guarantee payment for the Vogtle nuclear project, reduced taxes from recent tax reforms, lower financing costs on the Vogtle project and an earnings refund based on strong 2016 performance. Check out this chart which illustrates the impact for the typical residential customer using 1,000 kilowatt hours per month in 2018 and in the coming years.
Toshiba-Vogtle Nuclear Expansion Credits
$25 April 2018 + $25 July 2018 + $25 Sept. 2018
Tax Cuts and Jobs Act Refunds
$27 Oct. 2018 + $20 June 2019 + $22 Feb. 2020
Nuclear Construction Cost Recovery Savings
2016 Customer Refund
Total Refunds, Credits and Savings $162.50
*All refunds, credits and savings are estimates as of May 2018 based on the typical residential customer using 1,000 kilowatt-hours per month.
Actual amounts may be more or less based on the individual customer. All refunds will be issued as Georgia Power bill credits.