Molly Ayala
Georgia Power Company (GPC) is the largest electric utility provider in Georgia, serving around 2.7 million customers in 155 of Georgia's 159 counties. GPC is an investor-owned utility regulated by the Commission and is a subsidiary of Southern Company, which also owns Savannah Electric and Power Company, Alabama Power Company, Gulf Power Company, and Mississippi Power Company. Oglethorpe Power Corporation (OPC) is another major player in Georgia's electric industry, supplying power to 39 of the state's 42 Electric Membership Cooperatives (EMCs). With various companies offering electric services in Georgia, customers may be wondering which provider offers the most competitive rates. This article will explore the rates and plans offered by different electric companies in Georgia and provide information on how customers can save money on their electric bills.
| Characteristics | Values |
|---|---|
| Name | Georgia Power Company (GPC) |
| Type | Investor-owned electric utility |
| Regulator | The Commission |
| Number of Customers | 2.7 million |
| Service Areas | 155 of Georgia's 159 counties |
| Generation Capacity | 14,367 megawatts |
| Generation Mix | 74.3% coal, 22.4% nuclear, 2.7% hydro, 0.6% combustion turbines |
| Parent Company | Southern Company |
| Subsidiaries | Oglethorpe Power Corporation, Georgia Transmission Corporation, Georgia System Operations Corporation |
| Rate Plans | Traditional, Pay by Day, PrePay |
| Customer Support | Energy-saving tips, tools, and resources |
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What You'll Learn
Georgia Power Company (GPC)
GPC's vision, as stated by Chairman, President, and CEO Kim Greene, is to plan for the future by making smart investments today. This includes supporting Georgia's economic growth and providing its residents with clean, safe, reliable, and affordable energy. The company's Integrated Resource Plan (IRP) for 2025 is a comprehensive strategy that reflects this commitment. According to Greene, GPC's planning, policies, and processes position Georgia well for the future.
GPC also prioritizes its people, including its line crews, customer service representatives, engineers, and truck drivers. The company's employees and retirees renew their commitment to empowering communities and their residents annually. GPC is dedicated to helping its customers save money and energy through various programs and initiatives. Small changes in energy usage during the summer, for example, can lead to significant savings for customers.
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Oglethorpe Power Corporation (OPC)
The company handles electricity generation, with Georgia Transmission Corporation owning and operating the transmission lines and substations, and Georgia System Operations Corporation providing system and administrative support. Oglethorpe Power is the largest power supply cooperative in the United States in terms of assets and annual kilowatt-hour sales. Its service area covers 65% of the state of Georgia.
OPC has a diverse energy portfolio, owning 817 megawatts of the Rocky Mountain Hydroelectric Plant, a pumped-storage hydroelectric plant that stores energy during low demand and produces electricity during high demand periods. Additionally, Oglethorpe Power has nuclear power sources through its partial ownership of the Edwin I. Hatch Nuclear Generating Station and the Alvin W. Vogtle Electric Generating Plant. The company also has partial ownership of two coal plants and full ownership of three combined-cycle power plants and several gas turbine power plants.
In terms of community relations, Oglethorpe Power supports the communities where it has facilities through various Georgia-focused initiatives. These include literacy and education programs, as well as active participation in local chambers of commerce.
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Georgia Power Company rates and plans
Georgia Power Company (GPC) is an investor-owned electric utility company that serves approximately 2.7 million customers in 155 of Georgia's 159 counties. GPC offers a variety of rates and plans for residential and business customers, with the goal of helping them manage their energy usage and budget.
For residential customers, GPC offers a traditional rate plan with prices that vary throughout the year. They also offer a Pay by Day rate plan, which allows customers to prepay for their electric service and enjoy the convenience of a fixed daily price. GPC also offers solar options, including home installation and buy-back programs, to make solar energy accessible to all its customers.
For businesses, GPC provides custom calculators and tools to help determine the best rate plan based on their energy usage and needs. They offer specific rates for small businesses, such as mom-and-pop grocery stores or restaurants, that typically use less than 30 kW of energy. GPC also has rates tailored to agricultural businesses, including irrigation, crop production, and agricultural production and storage.
Additionally, GPC offers EnergyDirect, a service that provides business customers with round-the-clock access to energy billing and usage information, enabling them to better manage their energy consumption. GPC also encourages customers to take advantage of lower-priced hours and avoid heavy usage during high-demand periods to optimize their energy costs. With a focus on accessibility and budget management, GPC strives to meet the diverse needs of its residential and business customers in Georgia.
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Georgia Power Company's commitment to the future
Georgia Power Company is committed to delivering clean, safe, reliable, and affordable energy to its 2.7 million customers in the state of Georgia. The company's vision extends beyond the present, with a focus on proactive planning, policies, and processes to support Georgia's economic growth and energy needs in the future.
A key aspect of Georgia Power Company's commitment to the future is its Integrated Resource Plan (IRP). This plan, filed with the Georgia Public Service Commission, outlines the company's strategy to provide clean, safe, reliable, and affordable energy over a 20-year horizon. The 2025 IRP aims to support Georgia's economic growth and meet the energy needs of Georgians in the years to come.
The company is also dedicated to empowering its communities and their residents. Georgia Power recognizes the importance of its employees, including line crews, customer service representatives, engineers, and truck drivers, in achieving its goals. The company fosters a culture of safety, trust, and performance, implementing rigorous safety protocols for employees and educating communities about electrical hazards, fraud, and theft.
Additionally, Georgia Power is committed to environmental stewardship. They invest in initiatives to increase environmental awareness, improve air and water quality, preserve and restore natural resources and habitats, and protect endangered species. The company also works to make solar energy an option for every customer through various programs and initiatives.
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Georgia's electric industry structure
Georgia's electric industry is structured around a variety of sources, with natural gas accounting for 41% of the state's total electricity net generation in 2024. Nuclear power provided 34%, coal accounted for nearly 13%, and renewable energy sources such as solar power, biomass, and hydropower made up about 12%. The state also has the largest wood pellet plant in the country and ranks second in wood pellet manufacturing capacity.
The Georgia Public Service Commission (GPSC) regulates the electric industry in the state and has exclusive power to determine rates and charges for electric companies under its jurisdiction. The GPSC has limited regulatory authority over electric membership corporations (EMCs) and municipally-owned electric systems, with full jurisdiction over investor-owned electric companies like the Georgia Power Company (GPC) and Savannah Electric. The GPC serves approximately 2.7 million customers in 155 of Georgia's 159 counties.
The Georgia Territorial Electric Service Act of 1973 established territories for serving residential and small commercial customers while also providing customer choice provisions for large customers with loads of 900kW or more. This Act has enabled some retail competition in the state's electric industry, allowing eligible customers to choose or transfer their electric supplier.
While the electric industry in Georgia is currently traditionally regulated, the future role of the Commission and potential amendments to the IRP Act or the Georgia Territorial Act may impact the competitive retail electric environment. The Commission is considering its role in assuring reliable and cost-effective energy supplies, coordinating long-term planning, and setting reliability standards for suppliers.
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Frequently asked questions
Georgia Power Company (GPC) is the largest electric utility provider in Georgia. In 1996, the average price paid by customers was 6.15 cents per kilowatt-hour.
Other electric companies in Georgia include Oglethorpe Power Corporation, Municipal Electric Authority of Georgia (MEAG), and Savannah Electric and Power Company.
Georgia Power Company offers a variety of rate plans, including a traditional rate plan with prices that vary throughout the year and a Pay by Day rate plan with a fixed daily price.
There are several ways to save money on your electric bill. You can wash full loads of clothes with cold water, clean the lint trap before doing laundry, and turn off lights when you leave a room. Georgia Power Company also provides energy-saving tips and resources to help customers cut costs.
The electric industry in Georgia is traditionally regulated, with the Georgia Power Company being fully regulated by the Commission. The Commission also has limited regulatory authority over the electric membership corporations (EMCs) and municipally-owned electric systems in the state.
