Georgia Power's contract to power OpenAI's new Effingham County project just cleared the Georgia Public Service Commission.
Regular customers come out ahead too, as the deal adds to a growing portfolio of large-load contracts pushing residential savings higher.
The 3,200-megawatt contract was filed in July. Georgia Power says its full slate of large-load agreements will save the typical residential customer, using 1,000 kilowatt-hours a month, at least $15 a month starting in 2029.
That's up from the $102-a-year figure the company committed to back in December, now bumped to $180 a year.
The Numbers Behind the Discount:
Projected incremental revenue from new large-load customers: roughly $950 million a year
Total customer benefit from 2029 to 2031: $2.847 billion
OpenAI's contribution: 3,200 MW of new demand, including up to 1,000 MW of flexible demand response so Georgia Power can pull back delivery during peak stress
OpenAI is covering the full cost of the infrastructure needed to serve the site, per the agreement.
"Data centers are paying more so families and small businesses can pay less," said CEO Kim Greene.
This builds on a base rate freeze from July 2025 and a rate reduction plan from May 2026, so the savings are stacking rather than standing alone.
Show Me the Money, 2029 Edition: That $180 figure is a projection built on future contracts and future demand holding up as planned.
Every megadeal that clears the PSC adds another brick to that promise. The real test comes when the calendar hits 2029 and the number has to hold up outside a press release.
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