Georgia Power Secures Record Solar Procurement
Georgia Power has obtained regulatory approval for 1,137 MW of new solar capacity, marking its largest single procurement to date and setting a path for commercial operation as early as 2029.
Georgia Power (SO) received approval from the Georgia Public Service Commission for 1,137 megawatts of new solar power purchase agreements. This authorization, covering projects across seven counties, represents the largest single solar procurement in the company’s history. The additions expand the utility’s renewable portfolio and are expected to begin commercial operations as early as 2029.
The approval includes seven distinct projects located in Appling, Decatur, Jefferson, Sumter, Warren, Emanuel, and Irwin counties. Capacity varies by site, ranging from 78 MW in Appling County to 200 MW in Sumter and Irwin counties. This expansion follows a previous approval of 1,068 MW under the same program in September 2025, demonstrating a consistent buildout of solar assets.
CARES Program Expands Customer Options
Beyond the immediate PPA approvals, Georgia Power opened enrollment for the CARES Customer Identified Resource program. This initiative allows eligible commercial and industrial customers to subscribe to up to 3,000 MW of additional renewable projects. The program enables subscribers to support sustainability initiatives by purchasing a pro-rata share of renewable production, a demand that continues to grow.
The CARES framework was developed in collaboration with the Public Service Commission to provide flexibility amid changing market conditions. By using competitive request for proposal processes, the utility aims to maintain cost-effective development while enhancing its diverse generation portfolio. This approach allows the company to meet Georgia’s continued energy growth with more carbon-free resources.
Market Reaction And Strategic Implications
Despite the positive operational news, SO shares declined 0.66% on September 10, reflecting a mild negative market reaction. According to data tracked by StockTitan Argus, the move was modest. The company states that these new resources will deliver affordable and reliable energy at a fixed price for all customers, supporting long-term grid stability.
Wilson Mallard, director of renewable development for Georgia Power, emphasized that the approval advances cost-effective renewable energy in the state. The addition of over 1,100 MW of resources strengthens the utility’s ability to provide carbon-free energy. This expansion aligns with the company’s goal of becoming a national leader in solar development while serving subscriber demand through the CARES program.
