ATLANTA — Georgia Power and state energy regulators have agreed on a plan to increase the Atlanta-based utility’s electrical generating capacity including the construction of three new gas combustion turbines at Plant Yates near Newnan.
The revenue that new capacity would produce for the company would more than offset the costs to generate the additional power, Aaron Abramovitz, Georgia Power’s chief financial officer and treasurer, told members of the state Public Service Commission (PSC) Wednesday. The resulting savings would save the average residential customer $2.89 a month from 2026 through 2028, he said.
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