Georgia Power increases capacity to meet data center demand

Electric utility Georgia Power (GP) has received approval from the Georgia Public Service Commission (PSC) to increase its generation capacity with both fossil fuels and renewable energy to meet power demand from data centers. This agreement will also allow Georgia Power to contract generation from a natural gas plant in Pace, Florida, and 750MW from Mississippi Power Co., a sibling company under Southern Co.

Power prices have been increasing for residential customers in Georgia over the last year, with the PSC approving Georgia Power to recover more than $2 billion from ratepayers as fossil fuel costs were higher than anticipated.

“At Georgia Power, our customers are at the center of everything we do, and we are unwavering in our commitment to provide them with clean, safe, reliable, and affordable energy,” Aaron Abramovitz, CFO for Georgia Power, said. “The stipulated agreement benefits all customers, and approval of this agreement will preserve and protect the reliability and quality of electric service our customers expect and support the continued economic development of our state – all while placing downward pressure on rates for all customers.”