Southern Co Reaches Settlement with Georgia PSC

Southern Co ( (SO) ) just unveiled an announcement.

On December 9, 2025, Georgia Power Company reached a settlement agreement with the Georgia Public Service Commission’s Public Interest Advocacy Staff to resolve its application for the certification of capacity from the 2029-2031 All-Source Request for Proposals. The agreement, pending approval by the Georgia PSC, would certify 9,885 megawatts of resources at their respective costs, including $16.3 billion in company-owned projects. The settlement aims to apply downward pressure on customer rates, potentially saving typical residential customers $102 annually from 2029 to 2031. The Georgia PSC is set to vote on the agreement on December 19, 2025, but the outcome remains uncertain.

The most recent analyst rating on (SO) stock is a Hold with a $92.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.

Spark’s Take on SO Stock

According to Spark, TipRanks’ AI Analyst, SO is a Neutral.

Southern Co’s overall stock score is primarily driven by its strong earnings call performance and strategic corporate events, which highlight robust financial health and growth prospects. However, technical analysis indicates bearish momentum, and valuation metrics suggest potential overvaluation, which weigh down the overall score.

To see Spark’s full report on SO stock, click here.

More about Southern Co

Georgia Power Company is a utility company involved in the energy sector, focusing on electricity generation and distribution. The company is engaged in large-scale infrastructure projects and regulatory proceedings to secure energy resources for future capacity needs.

Average Trading Volume: 5,867,951

Technical Sentiment Signal: Buy

Current Market Cap: $94.21B

For detailed information about SO stock, go to TipRanks’ Stock Analysis page.