06/98: Georgia Power submitted a 3-year plan to reduce rates by about $300 million. Georgia Power advocated a slow approach to restructuring.

06/98: Georgia Power estimated that stranded costs would be between $1 and $3 billion. They felt that beginning to pay these stranded costs down would be a good idea due to eventual competition.

01/98: The Georgia Public Service Commission (PSC) issued a Staff Report on Electric Industry Restructuring (Docket No. 7313, Document No. 20658), which recommended market-based rates, unbundled services, and stranded cost recovery. Docket 7313-U was established for stakeholders’ comments. A slow approach to restructuring was recommended.
Source: Georgia Public Service Commission
http://www.psc.state.ga.us/

07/97: Public workshops were held to address the issues related to restructuring. The results of the public hearings were incorporated in the Staff Report.