regulatory
confidence high
sentiment neutral
materiality 0.65
Georgia PSC approves three-year rate plan extension for Georgia Power through 2028
GEORGIA POWER CO
- Base rates frozen for 2026-2028; retail ROE set point 10.50%, range 9.50%-11.90%.
- Storm costs through Dec 2025 to be recovered in separate proceeding by July 2026.
- Depreciation for certain generating plants set at 13 years effective Jan 1, 2026.
- Earnings above 11.90% ROE shared: 40% customers, 40% regulatory assets, 20% retained.
- Georgia Power must file a base rate case by July 1, 2028.
item 8.01