Georgia Power proposes $16 billion expansion to serve data centers and manage rates
Georgia Power has proposed a significant expansion plan to add about 10,000 megawatts of power supplies over five years, primarily to support data centers across Georgia. This expansion, which is expected to cost at least $16 billion, is aimed at serving the growing demand for energy-intensive computing. However, the plan has raised concerns among residential customers, as PSC staff warned that bills could rise by $20 or more if the full expansion is approved. The deal was announced shortly before public hearings on the plan began, with the commission set to vote on December 19. Protesters gathered at the hearings, voicing their opposition to the utility's plans, leading to some being removed by police. Georgia Power CEO Kim Greene stated that the agreement aims to keep rates manageable for residential customers by using additional revenue from data centers. The proposed plan includes a commitment to create "downward pressure" on bills, with an adjustment slated for 2028 that could result in at least $8.50 reduction in monthly charges for residential customers. Critics of the plan argue that many of the new electricity supplies will rely on gas, which contributes to greenhouse gas emissions. The PSC staff recommended approving only a portion of the proposed power supplies, citing the speculative nature of the remaining investments. The hearings will continue through Friday, providing a final opportunity for stakeholders to present their views before the commission's vote.
