Savings On The Way For GA Power Customers: Here's What To Know

The Georgia Public Service Commission on Thursday green-lit a proposal that will lower electricity rates for Georgia Power residential customers, saving them millions yearly, the company has announced.

The new measure will save each resident about $50 annually, or $4.04 monthly. Combined, Georgia Power said customers will save about $285 million each year.

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This applies to residents utilizing an average 1,000 kilowatt-hours per month, according to a news release.

In 2025, Georgia Power reported serving 2,452,488 residential customers by the end of 2024. Data for the end of 2025 was not readily available.

"Today's vote by the Georgia PSC will bring lower rates and real savings for Georgia families and businesses as the heat of summer begins and energy use increases, which can lead to higher bills," Tyler Cook, Georgia Power CFO and treasurer, said in the release.

"At Georgia Power, our teams work every day to run our business efficiently and keep reliable and affordable energy flowing to our customers. We appreciate today's approval by the Georgia PSC of this plan, following months of hard work by our teams and Georgia PSC staff, robust review and open hearings, as well as engagement by members of the public and intervenors."

This comes after the PSC on May 12 entered a stipulated agreement with Georgia Power pertaining to two cases: one focusing on storm damage recovery and another based on fuel recovery. Both cases were filed with the PSC in February.

"The cases sought to recover the cost of fuel to operate power generation plants to serve customers and to recover costs to quickly and safely restore electric service following storms, most notably the historic Hurricane Helene in 2024," the PSC stated in the release.

At the current rate, starting in June, Georgia Power customers could pay $0.148 per kilowatt-hour if the energy exceeds 1,000 during the summer months. The charge is slightly less for 650- 1,000 kilowatt-hours.

Residents living inside city limits and have a monthly usage of 1,000 kilowatt-hours in 30 days will pay an average of $203.81 at 8 percent sales tax from June-September, according to a Georgia Power bill calculator provided by the PSC.

The average drops by $35.81 at the winter rate from October-May.

"With new residents moving to the state and large-load customers like data centers and manufacturers choosing Georgia, Georgia Power continues to work to ensure that growth benefits all Georgia Power customers. The growing pipeline of large-load customers is a key factor that enabled the company's earlier base rate freeze, and is helping spread fixed costs across a broader customer base and protect residential and small business customers. This growth has also allowed the company to commit to providing annual savings of $102 per year for the typical residential customer beginning in 2029," the company said in the release.

Georgia Power did not say if the new rates would take effect this June.