We're Lowering Rates for Our Customers
How we’re helping to keep your energy costs stable and predictable
With new businesses and residents moving to our state, Georgia’s growth continues to make headlines. At Georgia Power, we’re planning for this growth responsibly by working hard every day to continue providing our customers with clean, safe, reliable, and affordable energy.
Here are some of the actions we've taken to help lower rates and keep your bills predictable.
Lowering Rates, Starting in June 2026
The typical residential customer will see 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, is the result of Fuel Cost Recovery and Storm Cost Recovery cases filed in February 2026. The Fuel Cost Recovery filing is for recovery of the cost of fuel, like coal and natural gas, used to make electricity, while the Storm Cost Recovery covers the cost to restore power after major storms, like Hurricane Helene in 2024.
Business customers on our General Service rate will also see a decrease in costs beginning in June, and amounts will vary 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.
Long-Term Affordability and the Benefit of Large-Energy Users
We continue to responsibly make investments to our infrastructure and electric system to continue providing customers with the reliable power they deserve and expect.
In December 2025, the Georgia Public Service Commission (PSC) approved a stipulated agreement between us and the PSC’s staff, which allows us to continue making necessary infrastructure improvements while making sure that large-energy users, like data centers, continue to cover their costs and help keep rates lower for homes and small businesses. This protects residential and small commercial customers from additional costs tied to new generation and transmission projects. Because of this stipulated agreement, the typical residential customer using an average of 1,000 kilowatt hours per month is expected to see approximately $102 per year in savings, beginning in 2029.
Frequently Asked Questions
What is a base rate?
A base rate is the portion of your electric bill that covers the cost of delivering electricity and maintaining the power grid. It does not include fuel or certain regulatory costs.
Why were base rates frozen in 2025?
In 2025, the Georgia Public Service Commission approved a plan to help keep base rates stable to provide predictability for customers while Georgia continues to grow.
Can my bill still change even though base rates were frozen in 2025?
Yes. Some parts of your bill, like fuel costs or storm recovery costs, can change depending on actual expenses.
What are fuel costs on my electric bill?
Fuel costs reflect the price of fuel used to generate electricity, such as natural gas or coal. These costs can increase or decrease depending on market conditions.
What are storm recovery costs?
Storm recovery costs help cover the expense of restoring power and repairing infrastructure after major storms.
Could my bill go down?
Recent filings related to fuel and storm recovery costs could lower overall costs for the typical residential customer, if approved by state regulators.
Who approves Georgia Power rates?
Georgia Power's rates are reviewed and approved by the Georgia Public Service Commission, which regulates investor-owned utilities in Georgia.
Why does Georgia need new energy investments?
Georgia continues to experience strong population and economic growth, increasing demand for electricity. Responsibly planning ahead helps ensure we provide reliable and affordable energy now and for the future.
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