New stipulated agreement offers $285 million in annual savings for Georgia Power customers starting this summer

Savings of approximately $4 per month for the typical residential customer expected in June; Agreement subject to review and approval by the Georgia Public Service Commission ATLANTA, May 12, 2026 /PRNewswire/ -- Georgia Power and the Public Interest Advocacy (PIA) Staff of the Georgia Public Service Commission (PSC) have reached a stipulated agreement in two cases originally filed with the Georgia PSC in February – the Fuel Cost Recovery (Docket 56765) case and Storm Cost Recovery (Docket 44280) case. 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 of all sizes, notably the historic Hurricane Helene in 2024.