Alex Ferreira

Alex Ferreira inquired about the minimum take for the 13 GW of contracts in the plan, whether it's assumed in the current plan, and if quicker customer ramp-ups would be accretive. He also asked about the regulatory side, specifically the opportunity to extend Georgia's rate freeze beyond 2028 and the associated filing requirements.

Answer

David P. Poroch, CFO, confirmed that contracts have minimum bills designed to recover 100% of costs, and quicker ramps beyond the minimum take would offer upside at marginal cost. Christopher C. Womack, Chairman, President and CEO, stated that Georgia must file in 2028 and that the company's focus on rate stability, driven by large load contract pricing, presents real opportunities to continue this focus into the future.

Alex Ferreira asked about the minimum take provisions for the 13 GW of contracted load, whether they are assumed in the current plan, and if quicker customer ramps would be accretive. He also inquired about the regulatory side, specifically the opportunity to extend Georgia's rate freezes beyond 2028 and the associated filing requirements.

Answer

CFO David P. Poroch confirmed that minimum bills are designed to recover 100% of costs, and there is upside if customer ramps are achieved sooner or exceed the contract minimums. Chairman, President, and CEO Christopher C. Womack added that this provides greater durability to the plan. Regarding rate freezes, Mr. Womack stated that Georgia has to file in 2028 and they will not get ahead of that process, but they see real opportunities for continued rate stability due to growth and large load pricing benefits for existing customers.