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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-6B-2
Certificate of Notification
Filed by
GEORGIA POWER COMPANY
(the "Company")
This certificate is notice that the above named company has
issued, renewed or guaranteed the security or securities
described herein which issue, renewal or guaranty was exempted
from the provisions of Section 6(a) of the Act and was neither
the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule U-48.
Item 1. Type of security or securities.
In connection with the issuance and sale by the
Development Authority of Monroe County (the
"Authority") of $71,580,000 aggregate principal amount
of its 6% Pollution Control Revenue Bonds (Georgia
Power Company Plant Scherer Project), Third Series 1995
(the "Revenue Bonds"), the Company issued the
following:
(a) promissory note dated July 26, 1995 (the "Note"),
evidencing the obligation of the Company to repay
the Authority's loan (the "Loan") to it of the
proceeds of the Revenue Bonds, and
(b) First Mortgage Bonds, 6% Pollution Control Series
due July 1, 2025 (the "Collateral Bonds"),
securing the Company's payment obligations under
the Note.
Item 2. Issue, renewal or guaranty.
Issue
Item 3. Principal amount of each security.
$71,580,000
Item 4. Rate of interest per annum of each security.
6%
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Item 5. Date of issue, renewal or guaranty of each security.
July 26, 1995
Item 6. If renewal of security, give date of original issue.
Not Applicable
Item 7. Date of maturity of each security.
July 1, 2025, subject to prepayment or prior redemption
Item 8. Name of person to whom each security was issued,
renewed or guaranteed.
The Note was issued in favor of the Authority and
assigned by it to Bank South, as trustee (the "Revenue
Bond Trustee") for the benefit of the holders of the
Revenue Bonds. The Collateral Bonds were issued and
delivered to the Revenue Bond Trustee.
Item 9. Collateral given with each security, if any.
The Collateral Bonds secure the Company's payment
obligations under the Note. The Company's first
mortgage bonds, including the Collateral Bonds, are
entitled to the benefit of a first lien on
substantially all assets of the Company.
Item 10. Consideration received for each security.
The Company issued the Note and the Collateral Bonds in
consideration of the Loan amounting to $71,580,000 (the
"Loan Proceeds"), excluding the accrued interest
received by the Authority upon its sale of the Revenue
Bonds which will be applied to the initial payment of
interest due thereon.
Item 11. Application of proceeds of each security.
The Loan Proceeds have been deposited with the Revenue
Bond Trustee and will be applied to the refunding
redemption in September 1995 of $71,580,000 principal
amount of the Authority's outstanding 10 1/2% Pollution
Control Revenue Bonds (Georgia Power Company Plant
Scherer Project), First Series 1985. See also Item 10
hereinabove.
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Item 12. Indicate by a check after the applicable statement
below whether the issue, renewal or guaranty of each
security was exempt from the provisions of Section 6(a)
because of:
a. the provisions contained in the first sentence
of Section 6(b)
b. the provisions contained in the fourth sentence
of Section 6(b)
c. the provisions contained in any rule of the
Commission other than Rule U-48 X
Item 13. Not Applicable.
Item 14. Not Applicable.
Item 15. If the security or securities are exempt from the
provisions of Section 6(a) because of any rule of the
Commission other than Rule U-48 designate the rule
under which exemption is claimed.
Rule 52
Date: August 11, 1995 GEORGIA POWER COMPANY
By: /s/Wayne Boston
Wayne Boston
Assistant Secretary<PAGE>