Several major electric utilities have recently announced that their residential customers will have lower electric bills because of major investments in new power plants and the electric grid, enabled by data centers.
Data centers generally need electricity 24/7 and are willing to pay whatever is necessary to ensure reliable power is always available. That enables more plants to be built and revitalizes our aging transmission grid.
On May 27, the Georgia Public Service Commission (PSC) approved a plan to lower rates by approximately $50 per year for the typical residential customer. Total annual savings will be approximately $285 million.
This follows the Georgia PSC’s adoption of a measure in January 2025 that allows for large customers, i.e., data centers, to “be billed using terms and conditions beyond those used for standard customers to address risks associated with these large load users.” It allows contract lengths of up to 15 years and ensures data centers will pay for “upstream generation, transmission, and distribution.”
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