Lowered Rates in June 2026

The typical residential customer saw a rate decrease of around $50 per year starting in June 2026 as the result of our settlement from our fuel and storm cost recovery cases with Georgia Public Service Commission (PSC) staff. The stipulated agreement means real savings for Georgia Power customers, approximately $285 million in annual savings across the state, while keeping power reliable and affordable every day.

The agreement, amounting to about $4.04 per month in savings for the typical residential customer, was the result of Fuel Cost Recovery and Storm Cost Recovery cases filed in February 2026. The Fuel Cost Recovery filing was for recovery of the cost of fuel, like coal and natural gas, used to make electricity, while the Storm Cost Recovery covered the cost to restore power after major storms, like Hurricane Helene in 2024.

Business customers on our General Service rate also saw a decrease in costs beginning in June, and amounts varies based on customer usage. 

Froze Rates in 2025

In July 2025, the Georgia Public Service Commission (PSC) approved our plan to freeze base rates for three years, except for storm and fuel filings, which combined, will lower rates for the typical residential customer, beginning in June. While prices on everyday items like food, housing, and utilities are rising across the country, base rates—the cost of delivering electricity and maintaining the power grid across Georgia—will remain stable for our customers.

The decision, approved in July 2025, follows new rules and regulations approved by the PSC in January 2025, which help keep rates fair by requiring new large-energy users moving to Georgia, like data centers, to pay the costs needed to serve them.

Delivering Savings from Large-Energy Users to Customer Savings

More businesses are moving to our state and we're using that growth to benefit our customers. In August 2026, we announced that, beginning in 2029, large-load contracts will deliver approximately $950 million in savings to Georgia Power customers, with the typical residential customer expected to see $180 in savings per year—significantly more than the $102 per year we committed to in December 2025.

These agreements protects customers from costs associated with large-energy users like data centers, while also allowing necessary infrastructure improvements. This decision protects residential and small commercial customers from additional costs tied to new generation and transmission projects, while also building our state for a brighter future.