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Georgia Power Poised To Freeze Base Rates Until 2028 — With a Catch
Unlike the 2022 plan, the proposed extension doesn’t include any pre-approved rate hikes, but there’s a catch. Georgia Power signaled it will file a separate rate case in 2026 to recover an estimated $860 million in storm costs, mostly due to Hurricane Helene, from its 2.7 million customers. It will also file a case to recover fuel costs from customers by February 2026. If the PSC agrees, that could further raise consumers’ power bills.Â

Alex Ip
Jun 284 min read
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