FIRST BANK LOAN CERTIFICATE OF NOTIFICATION
(First Quarter - 1996)
Filed by
GEORGIA POWER COMPANY
Pursuant to order of the Securities and Exchange Commission dated March
13, 1996 in the matter of File No. 70-8795.
Georgia Power Company (GEORGIA) hereby certifies to said Commission, pursuant to
Rule 24, that, in accordance with the terms and conditions of and for the
purposes represented by the statement on Form U-1 in the above matter at the end
of the first quarter of 1996, GEORGIA had:-
Short-term and/or term loan notes outstanding - $254,825,000;
Commercial paper to dealers outstanding -
<TABLE>
<CAPTION>
Issue Date Maturity Date Issuer Principal Amount Discount Rate
<S> <C> <C> <C> <C>
02/26/96 05/29/96 NationsBank $22,000,000 5.0800%
03/01/96 05/01/96 NationsBank 35,000,000 5.1800
03/01/96 05/06/96 Merrill Lynch 50,000,000 5.1800
03/01/96 05/08/96 Merrill Lynch 6,000,000 5.1800
03/01/96 05/01/96 Merrill Lynch 1,000,000 5.1800
03/01/96 05/01/96 Lehman Brothers 35,000,000 5.1800
03/05/96 05/06/96 Lehman Brothers 20,000,000 5.2000
03/06/96 05/03/96 NationsBank 20,000,000 5.2000
03/14/96 04/11/96 Merrill Lynch 6,250,000 5.3000
03/22/96 04/22/96 NationsBank 5,000,000 5.3900
03/22/96 04/24/96 NationsBank 4,000,000 5.3900
03/22/96 04/22/96 Merrill Lynch 16,000,000 5.3900
</TABLE>
and
Non-negotiable promissory notes to public entities in exchange for the proceeds
of their revenue anticipation notes - $0.
<PAGE>
-2-
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned company has duly caused this certificate to be signed
on its behalf by the undersigned thereunto duly authorized.
Dated: May 15, 1996 GEORGIA POWER COMPANY
By:/s/ Wayne Boston
Wayne Boston, Assistant Secretary
