{"success":true,"data":{"pressRelease":{"id":"140628","rtpr_id":"nPn4v0HMga-20260910","ticker":"SO","exchange":"NYSE","all_tickers":["SO"],"title":"Georgia Power receives approval for 1,137 MW of new solar power purchase agreements through CARES program","author":"PR Newswire","published_at":"2026-09-10T14:00:05.630Z","article_body":"Georgia Power receives approval for 1,137 MW of new solar power purchase agreements through CARES program\n\nPR Newswire\n\nATLANTA, Sept. 10, 2026\n\nCARES 2023 solar procurement is largest in company history;\nSuccessful multiyear program expands renewable energy portfolio for customers\n\nATLANTA , Sept. 10, 2026 /PRNewswire/ -- Georgia Power has received approval\nfrom the Georgia Public Service Commission (PSC) for 1,137 megawatts (MW) of\nnew solar power purchase agreements (PPAs) through the CARES 2023 and CARES\n2025 request for proposals (RFP) programs, expanding the company's renewable\nenergy portfolio for customers across the state. Procurement under the 2023\nprogram period represents the largest single solar procurement in Georgia\nPower's history.\n\nThe CARES program has been developed with the Georgia PSC and allows eligible\nsubscribers to support their sustainability initiatives by purchasing a\nsubscription for a pro-rata share of the production of renewable resources.\nCustomer demand for such subscriptions continues to grow from\ncustomers. Georgia Power, which is recognized as a national leader in\ncost-effective solar development, seeks renewable resources to enhance its\ndiverse generation portfolio through competitive RFP processes, a process\nwhich helps maintain flexibility amid changing market conditions and enables\nthe company to continue to provide more carbon-free energy to customers.\n\n\"These new solar resources will deliver affordable and reliable energy at a\nfixed price for the benefit of all Georgia Power customers for years to come,\"\nsaid Wilson Mallard, director of renewable development for Georgia Power. \"The\napproval of these agreements by the Georgia PSC helps advance cost-effective\nrenewable energy in our state and adds more than 1,100 megawatts of renewable\nenergy resources to our diverse generation portfolio. Renewable energy plays\nan important role in how we are meeting Georgia's continued growth and\nexpanding access to carbon-free energy for customers through the CARES\nsubscription program.\"\n\nApproved Solar Power Purchase Agreements\nThe Georgia PSC approved seven solar PPAs totaling 1,137 MW through the CARES\n2025 RFP, which was approved in the 2022 Integrated Resource Plan (IRP), and\nadditional CARES 2023 procurements. The projects are expected to begin\ncommercial operation as early as 2029.\n\n * Appling County: 78 MW\n * Decatur County: 130 MW\n * Jefferson County: 194 MW\n * Sumter County: 200 MW\n * Warren County: 150 MW\n * Emanuel County: 185 MW\n * Irwin County: 200 MW\nThe recent approval of additional procurements follows 1,068 MW of projects\napproved for the CARES 2023 program in September 2025. Projects approved at\nthat time include Coffee County, Jefferson County, Laurens County, Mitchell\nCounty and Wilkinson County PPAs.\n\nExpanding Renewable Energy Options\nGeorgia Power's renewable energy strategy continues to evolve through\ncustomer-driven programs and competitive renewable procurements. The company\nrecently opened enrollment for the new CARES Customer Identified Resource\n(CARES CIR) program, which allows eligible commercial and industrial customers\nto identify renewable energy projects for potential participation in the CARES\nprogram at prices designed to create value for all Georgia Power customers.\n\nCARES CIR, which is approved for up to 3,000 additional MW of renewable energy\nprojects, divides projects into two distinct programs:\n\n * CARES CIR Utility-Scale allows eligible metered customers with annual energy\ndemands above 3 MW to subscribe to renewable projects larger than 6 MW.\n * CARES CIR Distributed Generation allows eligible metered commercial and\nindustrial customers with smaller annual energy demands between 1 MW and 3 MW\nto subscribe to locally sourced solar projects in Georgia ranging from 250\nkilowatts to 6 MW in size.\nFor more information about Georgia Power's CARES programs, visit\nwww.GeorgiaPower.com/CARES\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3130838715&u=http%3A%2F%2Fwww.georgiapower.com%2FCARES&a=www.GeorgiaPower.com%2FCARES)\n.\n\nAbout Georgia Power\nGeorgia Power is the largest electric subsidiary of Southern Company (NYSE:\nSO), America's premier energy company. Value, Reliability, Customer Service\nand Stewardship are the cornerstones of the company's promise to 2.8 million\ncustomers in all but four of Georgia's 159 counties. Committed to delivering\nclean, safe, reliable and affordable energy, Georgia Power maintains a\ndiverse, innovative generation mix that includes nuclear, coal and natural\ngas, as well as renewables such as solar, hydroelectric and wind. Georgia\nPower offers rates below the national average, focuses on delivering\nworld-class service to its customers every day and the company is recognized\nby J.D. Power as an industry leader in customer satisfaction. For more\ninformation, visit www.GeorgiaPower.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3479043643&u=https%3A%2F%2Fwww.georgiapower.com%2F&a=www.GeorgiaPower.com)\n and connect with the company on Facebook (Facebook.com/GeorgiaPower\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3024421482&u=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.facebook.com%252FGeorgiaPower%26data%3D05%257C02%257CAARNOLD%2540SOUTHERNCO.COM%257Cdf65cc1cd9ec4bd4088f08df0eba62eb%257Cc0a02e2d1186410a88950a4a252ebf17%257C0%257C0%257C639245865818013736%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3D111R9HhyEQgLTnnRj1fXyL7%252BzsWNk%252FZMlAUS%252Bzr9xSg%253D%26reserved%3D0&a=Facebook.com%2FGeorgiaPower)\n), X (X.com/GeorgiaPower\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3264857929&u=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.x.com%252FGeorgiaPower%26data%3D05%257C02%257CAARNOLD%2540SOUTHERNCO.COM%257Cdf65cc1cd9ec4bd4088f08df0eba62eb%257Cc0a02e2d1186410a88950a4a252ebf17%257C0%257C0%257C639245865818027093%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3D0ZGDRL2lhcKzKblPl8It594ZjLrSVurWLIKKiFskr3Q%253D%26reserved%3D0&a=X.com%2FGeorgiaPower)\n) and Instagram (Instagram.com/ga_power\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=2956091328&u=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.instagram.com%252Fga_power%26data%3D05%257C02%257CAARNOLD%2540SOUTHERNCO.COM%257Cdf65cc1cd9ec4bd4088f08df0eba62eb%257Cc0a02e2d1186410a88950a4a252ebf17%257C0%257C0%257C639245865818039359%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DIBM1sQrlLMc3XR%252BLRvH3X4sTnmfeYDPabG0A2sjcj2c%253D%26reserved%3D0&a=Instagram.com%2Fga_power)\n).\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/georgia-power-receives-approval-for-1-137-mw-of-new-solar-power-purchase-agreements-through-cares-program-302874678.html\n(https://www.prnewswire.com/news-releases/georgia-power-receives-approval-for-1-137-mw-of-new-solar-power-purchase-agreements-through-cares-program-302874678.html)\n\nSOURCE Georgia Power\n\n\n\nGeorgia Power, Media Relations, (404) 506-7676 or (800) 282-1696, www.georgiapower.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS268159/Georgia-Power-v1-Logo.jpg?id=OA2940134\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn4v0HMga-20260910","title":"Georgia Power receives approval for 1,137 MW of new solar power purchase agreements through CARES program","author":"PR Newswire","ticker":"SO","created":"2026-09-10T14:00:05.630Z","tickers":["SO"],"exchange":"NYSE","article_body":"Georgia Power receives approval for 1,137 MW of new solar power purchase agreements through CARES program\n\nPR Newswire\n\nATLANTA, Sept. 10, 2026\n\nCARES 2023 solar procurement is largest in company history;\nSuccessful multiyear program expands renewable energy portfolio for customers\n\nATLANTA , Sept. 10, 2026 /PRNewswire/ -- Georgia Power has received approval\nfrom the Georgia Public Service Commission (PSC) for 1,137 megawatts (MW) of\nnew solar power purchase agreements (PPAs) through the CARES 2023 and CARES\n2025 request for proposals (RFP) programs, expanding the company's renewable\nenergy portfolio for customers across the state. Procurement under the 2023\nprogram period represents the largest single solar procurement in Georgia\nPower's history.\n\nThe CARES program has been developed with the Georgia PSC and allows eligible\nsubscribers to support their sustainability initiatives by purchasing a\nsubscription for a pro-rata share of the production of renewable resources.\nCustomer demand for such subscriptions continues to grow from\ncustomers. Georgia Power, which is recognized as a national leader in\ncost-effective solar development, seeks renewable resources to enhance its\ndiverse generation portfolio through competitive RFP processes, a process\nwhich helps maintain flexibility amid changing market conditions and enables\nthe company to continue to provide more carbon-free energy to customers.\n\n\"These new solar resources will deliver affordable and reliable energy at a\nfixed price for the benefit of all Georgia Power customers for years to come,\"\nsaid Wilson Mallard, director of renewable development for Georgia Power. \"The\napproval of these agreements by the Georgia PSC helps advance cost-effective\nrenewable energy in our state and adds more than 1,100 megawatts of renewable\nenergy resources to our diverse generation portfolio. Renewable energy plays\nan important role in how we are meeting Georgia's continued growth and\nexpanding access to carbon-free energy for customers through the CARES\nsubscription program.\"\n\nApproved Solar Power Purchase Agreements\nThe Georgia PSC approved seven solar PPAs totaling 1,137 MW through the CARES\n2025 RFP, which was approved in the 2022 Integrated Resource Plan (IRP), and\nadditional CARES 2023 procurements. The projects are expected to begin\ncommercial operation as early as 2029.\n\n * Appling County: 78 MW\n * Decatur County: 130 MW\n * Jefferson County: 194 MW\n * Sumter County: 200 MW\n * Warren County: 150 MW\n * Emanuel County: 185 MW\n * Irwin County: 200 MW\nThe recent approval of additional procurements follows 1,068 MW of projects\napproved for the CARES 2023 program in September 2025. Projects approved at\nthat time include Coffee County, Jefferson County, Laurens County, Mitchell\nCounty and Wilkinson County PPAs.\n\nExpanding Renewable Energy Options\nGeorgia Power's renewable energy strategy continues to evolve through\ncustomer-driven programs and competitive renewable procurements. The company\nrecently opened enrollment for the new CARES Customer Identified Resource\n(CARES CIR) program, which allows eligible commercial and industrial customers\nto identify renewable energy projects for potential participation in the CARES\nprogram at prices designed to create value for all Georgia Power customers.\n\nCARES CIR, which is approved for up to 3,000 additional MW of renewable energy\nprojects, divides projects into two distinct programs:\n\n * CARES CIR Utility-Scale allows eligible metered customers with annual energy\ndemands above 3 MW to subscribe to renewable projects larger than 6 MW.\n * CARES CIR Distributed Generation allows eligible metered commercial and\nindustrial customers with smaller annual energy demands between 1 MW and 3 MW\nto subscribe to locally sourced solar projects in Georgia ranging from 250\nkilowatts to 6 MW in size.\nFor more information about Georgia Power's CARES programs, visit\nwww.GeorgiaPower.com/CARES\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3130838715&u=http%3A%2F%2Fwww.georgiapower.com%2FCARES&a=www.GeorgiaPower.com%2FCARES)\n.\n\nAbout Georgia Power\nGeorgia Power is the largest electric subsidiary of Southern Company (NYSE:\nSO), America's premier energy company. Value, Reliability, Customer Service\nand Stewardship are the cornerstones of the company's promise to 2.8 million\ncustomers in all but four of Georgia's 159 counties. Committed to delivering\nclean, safe, reliable and affordable energy, Georgia Power maintains a\ndiverse, innovative generation mix that includes nuclear, coal and natural\ngas, as well as renewables such as solar, hydroelectric and wind. Georgia\nPower offers rates below the national average, focuses on delivering\nworld-class service to its customers every day and the company is recognized\nby J.D. Power as an industry leader in customer satisfaction. For more\ninformation, visit www.GeorgiaPower.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3479043643&u=https%3A%2F%2Fwww.georgiapower.com%2F&a=www.GeorgiaPower.com)\n and connect with the company on Facebook (Facebook.com/GeorgiaPower\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3024421482&u=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.facebook.com%252FGeorgiaPower%26data%3D05%257C02%257CAARNOLD%2540SOUTHERNCO.COM%257Cdf65cc1cd9ec4bd4088f08df0eba62eb%257Cc0a02e2d1186410a88950a4a252ebf17%257C0%257C0%257C639245865818013736%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3D111R9HhyEQgLTnnRj1fXyL7%252BzsWNk%252FZMlAUS%252Bzr9xSg%253D%26reserved%3D0&a=Facebook.com%2FGeorgiaPower)\n), X (X.com/GeorgiaPower\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=3264857929&u=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.x.com%252FGeorgiaPower%26data%3D05%257C02%257CAARNOLD%2540SOUTHERNCO.COM%257Cdf65cc1cd9ec4bd4088f08df0eba62eb%257Cc0a02e2d1186410a88950a4a252ebf17%257C0%257C0%257C639245865818027093%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3D0ZGDRL2lhcKzKblPl8It594ZjLrSVurWLIKKiFskr3Q%253D%26reserved%3D0&a=X.com%2FGeorgiaPower)\n) and Instagram (Instagram.com/ga_power\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4771069-1&h=2956091328&u=https%3A%2F%2Fnam10.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.instagram.com%252Fga_power%26data%3D05%257C02%257CAARNOLD%2540SOUTHERNCO.COM%257Cdf65cc1cd9ec4bd4088f08df0eba62eb%257Cc0a02e2d1186410a88950a4a252ebf17%257C0%257C0%257C639245865818039359%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DIBM1sQrlLMc3XR%252BLRvH3X4sTnmfeYDPabG0A2sjcj2c%253D%26reserved%3D0&a=Instagram.com%2Fga_power)\n).\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/georgia-power-receives-approval-for-1-137-mw-of-new-solar-power-purchase-agreements-through-cares-program-302874678.html\n(https://www.prnewswire.com/news-releases/georgia-power-receives-approval-for-1-137-mw-of-new-solar-power-purchase-agreements-through-cares-program-302874678.html)\n\nSOURCE Georgia Power\n\n\n\nGeorgia Power, Media Relations, (404) 506-7676 or (800) 282-1696, www.georgiapower.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS268159/Georgia-Power-v1-Logo.jpg?id=OA2940134\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-10T14:00:05.691667178Z","server_sent_at_ms":1789048805691},"received_at":"2026-09-10T14:00:05.746Z","source_url":"https://www.prnewswire.com/news-releases/georgia-power-receives-approval-for-1-137-mw-of-new-solar-power-purchase-agreements-through-cares-program-302874678.html"},"analysis":{"id":"129461","press_release_id":"140628","analysis_json":{"industry":{"label":"Electric Utilities","sector":"Utilities"},"redFlags":[],"eventType":"regulatory","narrative":"Georgia Power received approval from the Georgia Public Service Commission for 1,137 megawatts of new solar power purchase agreements through the CARES 2023 and CARES 2025 RFP programs, with the 2023 procurement the largest single solar procurement in the company's history.\n\nSeven PPAs across Georgia counties, ranging from 78 MW to 200 MW each, are expected to begin commercial operation as early as 2029, following 1,068 MW of CARES 2023 projects approved in September 2025.\n\nThe company also recently opened enrollment for the CARES Customer Identified Resource program, which is approved for up to 3,000 additional MW of renewable energy projects for commercial and industrial subscribers.\n\nFor parent Southern Company, the approval advances a customer-subscription-driven renewables build-out at fixed prices, a modest positive given the multiyear timeline before the projects enter service.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Largest solar procurement in Georgia Power history reinforces the regulated renewables growth story, but revenue contribution is years out."},"keyFigures":{"customDimensions":{"number_of_ppas":7,"solar_ppa_mw_approved":1137,"georgia_power_customers":"2.8 million","prior_cares_2023_approval_mw":1068,"earliest_commercial_operation":"2029","cares_cir_approved_capacity_mw":3000}},"quotedText":"These new solar resources will deliver affordable and reliable energy at a fixed price for the benefit of all Georgia Power customers for years to come","namedEntities":{"people":[{"name":"Wilson Mallard","role":"Director of Renewable Development, Georgia Power"}],"products":["CARES 2023","CARES 2025","CARES Customer Identified Resource (CARES CIR)","CARES CIR Utility-Scale","CARES CIR Distributed Generation"],"companies":[{"name":"Georgia Power","relationship":"subsidiary of Southern Company; issuer of the release"},{"name":"Southern Company","ticker":"SO","relationship":"parent company of Georgia Power (the FILER)"},{"name":"Georgia Public Service Commission","relationship":"regulator that approved the solar PPAs"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine-but-positive regulatory approval for a regulated utility subsidiary: Georgia PSC cleared 1,137 MW of solar PPAs, the largest single solar procurement in Georgia Power's history. It supports the regulated renewables build-out but carries no near-term earnings impact, with projects entering service as early as 2029."},"tickerRelevance":{"others":[],"primary":"SO"},"globalImportance":26,"audienceRelevance":35,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"large-cap utility (S&P 500, Dow component)","eventGravity":"routine PSC approval / renewable procurement milestone","sectorWeight":"regulated utilities — regulatory approvals are recurring, priced in","issuerAuthored":true,"householdBrandBoost":"moderate — SO is a retail income-investor favorite","marketCapAdjustment":"no financial figures disclosed; no near-term earnings impact"}},"event_type":"regulatory","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":2,"narrative":"Georgia Power received approval from the Georgia Public Service Commission for 1,137 megawatts of new solar power purchase agreements through the CARES 2023 and CARES 2025 RFP programs, with the 2023 procurement the largest single solar procurement in the company's history.\n\nSeven PPAs across Georgia counties, ranging from 78 MW to 200 MW each, are expected to begin commercial operation as early as 2029, following 1,068 MW of CARES 2023 projects approved in September 2025.\n\nThe company also recently opened enrollment for the CARES Customer Identified Resource program, which is approved for up to 3,000 additional MW of renewable energy projects for commercial and industrial subscribers.\n\nFor parent Southern Company, the approval advances a customer-subscription-driven renewables build-out at fixed prices, a modest positive given the multiyear timeline before the projects enter service.","key_figures":{"customDimensions":{"number_of_ppas":7,"solar_ppa_mw_approved":1137,"georgia_power_customers":"2.8 million","prior_cares_2023_approval_mw":1068,"earliest_commercial_operation":"2029","cares_cir_approved_capacity_mw":3000}},"named_entities":{"people":[{"name":"Wilson Mallard","role":"Director of Renewable Development, Georgia Power"}],"products":["CARES 2023","CARES 2025","CARES Customer Identified Resource (CARES CIR)","CARES CIR Utility-Scale","CARES CIR Distributed Generation"],"companies":[{"name":"Georgia Power","relationship":"subsidiary of Southern Company; issuer of the release"},{"name":"Southern Company","ticker":"SO","relationship":"parent company of Georgia Power (the FILER)"},{"name":"Georgia Public Service Commission","relationship":"regulator that approved the solar PPAs"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-10T14:01:29.109Z","global_importance":26,"audience_relevance":35,"importance_components":{"tickerTier":"large-cap utility (S&P 500, Dow component)","eventGravity":"routine PSC approval / renewable procurement milestone","sectorWeight":"regulated utilities — regulatory approvals are recurring, priced in","issuerAuthored":true,"householdBrandBoost":"moderate — SO is a retail income-investor favorite","marketCapAdjustment":"no financial figures disclosed; no near-term earnings impact"}},"durationMs":null,"modelName":"glm-5.3-flash"}}