Aug. 27 at 10:40 AM
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Georgia Power announces contract to serve OpenAI project approved
Southern Company subsidiary Georgia Power announced that its contract to serve OpenAI's new project in Effingham County has been approved as part of the regulatory process with the Georgia Public Service Commission. With the projects announced to date and projected future growth in the state, Georgia Power customers are expected to see savings of at least
$15 per month beginning in 2029 for the typical residential customer using 1,000 kilowatt-hours per month, an increase from the company's December 2025 commitment of
$102 per year to
$180 per year.
The increased savings for customers are the result of projected incremental revenue from new large-load customers that is expected to provide savings of approximately
$950M per year, increasing customer benefits to
$2.847B over the three-year period of 2029-2031. The company's contract with OpenAI was filed with the Georgia PSC in July and includes 3,200 megawatts of new demand. Under that agreement, OpenAI will pay the full cost of the infrastructure needed to serve it and has committed up to 1,000 MW of flexible demand response, which enables Georgia Power to reduce energy delivered to the facility during periods of high demand and invest in fewer new generation resources to serve future growth.
