Georgia Power puts new agreement on table for data center loads
Georgia Power has proposed a new agreement with the Public Service Commission’s Public Interest Advocacy staff aimed at lowering electric bills while securing enough capacity to power data centers.The plan would ensure $556 million in annual revenue from large-load customers by the company’s 2028 rate case. This is expected to reduce costs for typical residential customers by at least $8.50 per month. The Public Service Commission is set to vote on the plan on December 19, following a public hearing where some concerns were raised about increased reliance on gas-powered plants. Georgia Power and state officials emphasize that large energy users will pay more so that families and small businesses can pay less,supporting the state’s growth and affordability. Governor Brian Kemp has endorsed the plan, highlighting its benefits for lowering energy costs and maintaining Georgia’s appeal for residents and businesses.
Georgia Power puts new agreement on the table for data center loads
(The Center Square) – A new stipulated agreement reached between Georgia Power and the Public Service Commission’s Public Interest Advocacy staff could lower electric bills while giving the utility the capacity it needs to power data centers, the utility said Wednesday.
The plan would take the burden off Georgia Power’s residential and business base by ensuring $556 million in annual revenue from large load customers when the company makes its next rate case in 2028, Georgia Power officials said in a release. The revenue would put downward pressure of at least $8.50 a month for the typical residential customer.
The Public Service Commission will vote on the plan on Dec. 19. A public hearing on Georgia Power’s proposal began Wednesday, before the agreement was announced. Some raised concerns about Georgia Power’s plan to use gas-powered plants to increase its load.
Commission staff said in documents that they were concerned approval of load increase would raise electric bills for Georgia consumers. The agreement announced Thursday will help consumers, according to Kim Greene, chairman, president and CEO of Georgia Power
“Unlike any other market in the country, we’re doing things differently here in Georgia to capture and serve this projected unprecedented growth,” Greens said. “This stipulated agreement helps ensure we leverage Georgia’s growth in a way that lowers costs for customers. Large energy users are paying more so families and small businesses can pay less, and that’s a great result for Georgians.”
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Gov. Brian Kemp praised the plan.
“To keep Georgia the best place to live, work, raise a family, and create good-paying jobs, we’re making sure our state’s growth helps drive down energy costs and strengthen reliability,” the governor said on social media.
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