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Kemp: Proposed Georgia Power rate freeze will help families

  • Georgia Power announced a tentative agreement this week to freeze base electric rates from 2026 through 2028 in Georgia.
  • The rate freeze follows three increases over the past three years amid rising electricity demand driven by growth in data centers and industrial investments.
  • The agreement, made with the Public Service Commission's Public Interest Advocacy Staff, allows recovery of fuel and storm-related expenses while avoiding a planned 2025 rate case submission.
  • Gov. Brian Kemp said the freeze will benefit customers and enhance Georgia's appeal to businesses, stating, "This is good news," while critics warn some rate hikes may still occur.
  • The PSC will hold public hearings starting June 26, with a final vote scheduled for July 1, and approval is required for the agreement to take effect.
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WAGA broke the news in Atlanta, United States on Wednesday, May 21, 2025.
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