Georgia PSC Approves $16.3 Billion Southern Company Power Projects
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The Georgia Public Service Commission approved a $16.3 billion settlement agreement for Southern Company's power projects. The agreement certifies 9,885 megawatts of resources for 2029-2031, with $14 billion to be spent between 2026 and 2029. Georgia Power must ensure $556 million per year in rate reductions for residential customers during 2029-2031.
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