Governor Kemp Advocates for Proposed Georgia Power Rate Freeze: A Game-Changer for Residents

ATLANTA – Governor Brian Kemp announced this week that Georgia Power’s commitment to maintaining consistent rates for three years would serve both consumers and the state’s investment landscape. “This is encouraging news,” Kemp stated during a press conference at the Capitol, asserting, “Georgia’s positioned for prosperity.” Accompanied by two Public Service Commission members, Kemp discussed an agreement with Georgia Power to uphold base rates until 2028, pending PSC approval, negating an impending rate case. Georgia Power has increased rates thrice recently, driven by soaring electricity demands from burgeoning data centers. Despite concerns from watchdog groups about potential hikes due to rising fuel costs and Hurricane Helene's aftermath, associations like Chairman Jason Shaw emphasize preparedness. Kemp argued that freezing rates enhances Georgia’s appeal to businesses, dismissing political election timing concerns connected to the decision. A PSC hearing is scheduled for June 26 before a July 1 vote.