Georgia Power shares tips, tools and free resources to reduce energy use this summer

Rhea-AI Summary

Georgia Power, a subsidiary of Southern Company (NYSE: SO), is promoting free and low-cost tools to help customers reduce summer energy use, including My Power Usage, Threshold Alerts and the income-qualified EASE Program offering free home efficiency upgrades.

A stipulated agreement with Georgia PSC Public Interest Advocacy staff, if approved, is expected to cut a typical 1,000 kWh residential bill by $4.04 per month starting June, and growth in large-load customers has enabled a commitment to provide $102 in annual savings for a typical residential customer beginning in 2029.

Positive

• Potential $4.04 monthly bill reduction for 1,000 kWh residential users from June
• Commitment to $102 in annual savings per typical residential customer starting 2029
• Long-term rates averaging 15% below national average since 1990
• EASE Program offers free energy upgrades for households ≤200% of poverty level
• Digital tools (My Power Usage, Threshold Alerts) help customers manage consumption

Negative

• Customer bill savings depend on Georgia PSC approval of stipulated agreement
• Forward-looking savings subject to regulatory, legal and catastrophic event risks

News Market Reaction – SO

+0.33%

+0.33% Session close to close

In the May 22 session, SO gained 0.33%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement emphasizes Georgia Power’s tools, programs and regulatory agreements designed to r...

Analysis

This announcement emphasizes Georgia Power’s tools, programs and regulatory agreements designed to reduce customer bills and manage summer energy use, including expected savings of $4.04 per month and future annual relief of $102. In context with recent earnings and prior savings announcements, investors may watch how regulatory approvals progress, how customer growth supports cost recovery, and whether these initiatives influence future financial and rate case disclosures.

Key Figures

Expected monthly savings: $4 per month Expected monthly savings: $4.04 per month Expected annual savings: Nearly $50 annually +5 more

8 metrics

Expected monthly savings $4 per month Typical residential customer savings beginning June, if PSC approves

Expected monthly savings $4.04 per month Stipulated agreement example for 1,000 kilowatt-hours usage

Expected annual savings Nearly $50 annually Typical residential customer under stipulated agreement from June

Income eligibility threshold 200% of federal poverty guidelines Household income limit for EASE energy efficiency program

Rate comparison 15 percent below national average Average Georgia Power rates since 1990 versus national average

Usage example 1,000 kilowatt-hours per month Typical residential customer usage assumption in savings example

Customer base 2.7 million customers Georgia Power customers served across most of Georgia

Future annual savings $102 per year Committed annual savings for typical residential customer beginning in 2029

Historical Context

5 past events · Latest: May 20 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 20	Carbon offsets milestone	Positive	-0.3%	Greener Life program surpassing 1 billion pounds of carbon offsets.
May 12	Customer savings agreement	Positive	+0.4%	Stipulated PSC agreement enabling $285M annual customer savings if approved.
May 06	Tribute statement	Neutral	-2.5%	Statement honoring Ted Turner and highlighting past solar collaborations.
May 06	Storm readiness tips	Neutral	-2.5%	Guidance for customers to prepare for spring and summer storms.
Apr 30	Q1 2026 earnings	Positive	+3.4%	Higher Q1 net income and revenues versus prior year, with strong utilities performance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

News around customer programs, savings and earnings has generally seen modest price alignment, with only one recent divergence on environmentally focused news.

Recent Company History

Over the last month, SO has issued a mix of operational, customer-focused and financial updates. A May 12 agreement on fuel and storm cost recovery highlighted expected bill savings, similar to today’s emphasis on customer tools and lower summer usage. Earlier in Q1 2026, earnings showed higher net income and revenues, while other releases focused on storm readiness and environmental initiatives with relatively modest stock reactions.

Key Terms

energy star, kilowatt-hours, form 10-k, form 10-q, +1 more

5 terms

energy star technical

"Switch to ENERGY STAR®-certified LED bulbs, which use up to 75% less energy"

A government-backed label that indicates a product, appliance or building meets set energy-efficiency standards. For investors, an ENERGY STAR rating signals lower ongoing utility and maintenance costs, stronger appeal to cost- and eco-conscious buyers or tenants, and possible access to incentives or reduced regulatory risk—think of it like a fuel-efficiency sticker that helps compare long-term operating costs and market desirability.

kilowatt-hours technical

"a typical residential customer using 1,000 kilowatt-hours per month is expected to save"

A kilowatt-hour (kWh) is a unit of energy equal to one kilowatt (1,000 watts) of power used continuously for one hour; it’s the standard way utilities measure and bill electricity. Investors use kWh to compare how much electricity a plant generates, a device consumes, or a storage system can deliver, much like liters tell you how much fuel was used — it directly ties to revenue, costs and the economic value of energy assets.

form 10-k regulatory

"Georgia Power's Annual Report on Form 10-K for the year ended December 31, 2025"

A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

form 10-q regulatory

"Quarterly Report on Form 10-Q for the quarter ended March 31, 2026"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

forward-looking statements regulatory

"Cautionary Note Regarding Forward-Looking Statements Certain information contained in this release"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Savings of approximately $4 per month for the typical residential customer expected in June if approved by the Georgia Public Service Commission

ATLANTA, May 22, 2026 /PRNewswire/ -- As temperatures begin to rise across Georgia heading into the heat of summer, Georgia Power is encouraging customers to take advantage of free and low-cost energy-efficiency resources that are available to help keep homes comfortable, while managing energy use.

By taking small, proactive steps, customers can better manage energy use during the hottest months of the year while maintaining comfort at home. Simple tips from the company include:

• Change air filters regularly and keep vents clear to maintain proper airflow. Change standard air filters once a month, or every three months for pleated filters. 
• Turn off lights when not in use and close curtains or blinds during the hottest parts of the day.
• Seal gaps around windows and doors with caulk or weather-stripping to keep cool air inside.
• Wash full loads of laundry in cold water and clean the dryer lint trap before each use.
• Switch to ENERGY STAR®-certified LED bulbs, which use up to 75% less energy than traditional incandescent bulbs.
• Use large appliances during off-peak hours (before 2 p.m. or after 7 p.m.) to reduce heat and strain on your home.

The tips above are just a few of the many that are available on GeorgiaPower.com, alongside digital tools to help customers better understand and manage their electricity use. Online and mobile app options include My Power Usage which allows most customers to track their energy use by the hour, day, or month, as well as Threshold Alerts which notify customers when their energy use approaches a self-selected threshold, helping avoid billing surprises during high–use months.

Georgia Power also encourages eligible customers to explore the EASE Program, which offers free home energy improvements such as LED light bulbs, heating and cooling system servicing, attic insulation, and more. These upgrades can significantly reduce energy use and lower monthly bills. Households earning 200% or less of federal poverty guidelines may qualify. Learn more at GeorgiaPower.com/EASE.

Assistance Options
Georgia Power works throughout the year with customers who may need assistance paying their bill, and makes it easy to find local resources for utilities, food, shelter, and more by ZIP code at GeorgiaPower.com/Assistance . Through partnerships like Project Share, administered by The Salvation Army, Georgia Power matches customer contributions to assist those in need, and customers can also find a variety of other income-qualified programs on the website.

Focused on Affordable Energy & Delivering Savings
For more than 140 years, Georgia Power has worked to bring Georgians the energy they need at the lowest possible rates. Since 1990, the company has offered rates 15 percent below the national average, on average, while also offering flexible rate plans for residential and business customers, as well as a wide variety of programs to help customers save money and energy. Additionally, Georgia Power recently announced a stipulated agreement with the Public Interest Advocacy (PIA) staff of the Georgia Public Service Commission to help customers save even more. Under the agreement, which remains subject to review and approval by the Georgia PSC later this month, a typical residential customer using 1,000 kilowatt-hours per month is expected to save $4.04 monthly, or nearly $50 annually, beginning in June.

With new residents moving to the state and large-load customers like data centers and manufacturers choosing Georgia, Georgia Power continues to work to ensure that growth benefits all Georgia Power customers. The growing pipeline of large-load customers is a key factor that enabled the company's earlier base rate freeze, and is helping spread fixed costs across a broader customer base and protect residential and small business customers. This growth has also allowed the company to commit to providing annual savings of $102 per year for the typical residential customer beginning in 2029.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.7 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), X (X.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning the potential approval of the stipulated agreement and expected customer savings. Georgia Power cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Georgia Power; accordingly, there can be no assurance that such suggested results will be realized. The following factors, in addition to those discussed in Georgia Power's Annual Report on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: the impact of pending and future rate cases and negotiations, including rate actions relating to fuel and other cost recovery mechanisms; the impact of recent and future federal and state legal and regulatory changes, including tax, environmental and other laws and regulations to which Georgia Power is subject, as well as changes in application of existing laws, regulations and guidance; current and future litigation or regulatory investigations, proceedings or inquiries; and catastrophic events such as fires, including wildfires, land movement, earthquakes, explosions, floods, high winds, tornadoes, hurricanes and other storms, solar flares, droughts, future epidemic or pandemic health events, wars, political unrest, or other similar occurrences. Georgia Power expressly disclaims any obligation to update any forward-looking information.

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SOURCE Georgia Power

FAQ

What summer energy-saving tips did Georgia Power share for Southern Company (NYSE: SO) customers in May 2026?

Georgia Power urged customers to change air filters, seal window and door gaps, use LEDs, and shift large appliance use to off-peak hours. According to Georgia Power, these simple steps can lower energy use while maintaining comfort during Georgia’s hottest summer months.

How much could SO customers save from Georgia Power’s proposed $4.04 monthly bill reduction in June 2026?

If regulators approve the agreement, a typical 1,000 kWh residential customer is expected to save $4.04 per month, or nearly $50 annually. According to Georgia Power, these savings could begin in June 2026, further reducing already below-average electricity rates.

What is Georgia Power’s EASE Program and who qualifies, for Southern Company (SO) customers?

The EASE Program provides free home energy improvements like LED bulbs, HVAC servicing and attic insulation. According to Georgia Power, households earning 200% or less of federal poverty guidelines may qualify, potentially cutting energy use and lowering monthly bills for eligible customers.

How will large-load customers affect future bill savings for Georgia Power and SO residential customers?

Georgia Power reports a growing pipeline of large-load customers such as data centers and manufacturers. According to Georgia Power, this growth helps spread fixed costs and supports a commitment to provide $102 in annual savings for a typical residential customer starting in 2029.

What digital tools does Georgia Power offer SO customers to manage electricity usage in 2026?

Georgia Power offers My Power Usage for hourly, daily or monthly tracking and Threshold Alerts to warn when usage nears a chosen level. According to Georgia Power, these free tools can help customers avoid billing surprises during high-use summer months.

What bill assistance options are available for Georgia Power customers of Southern Company (SO)?

Georgia Power partners with programs like Project Share, administered by The Salvation Army, and lists local assistance for utilities, food and shelter by ZIP code. According to Georgia Power, it also offers various income-qualified programs to help customers struggling with energy bills.

What risks could affect Georgia Power’s expected customer savings for SO investors?

Expected savings from the stipulated agreement depend on Georgia PSC approval and other factors. According to Georgia Power, outcomes may differ due to rate cases, legal and regulatory changes, litigation, and catastrophic events like storms, wildfires, or future health emergencies.