Form 8-K Filing by The Southern Company and Georgia Power Company

On December 19, 2025, Georgia Power Company received approval from the Georgia Public Service Commission (PSC) for a settlement agreement resolving their Application for Certification of Capacity. The agreement approves all requested resources, totaling 9,885 megawatts, with company-owned projects representing approximately $16.3 billion in projected capital investment. A significant portion, around $14 billion, is expected to be incurred between 2026 and 2029. Georgia Power has committed to ensuring its next base rate case provides a downward pressure on revenue from large load customers, resulting in an annual customer benefit of at least $556 million. This translates to approximately $8.50 per month for typical residential customers over 2029-2031. The filing also includes a cautionary note regarding forward-looking statements, highlighting various risks and uncertainties that could impact actual results, including regulatory changes, competition, economic conditions, and operational factors.