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 Burke County (the "Burke Authority") of
$46,000,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Vogtle Project), First Series 1996 (the "Burke
Revenue Bonds"), the issuance and sale by the Development
Authority of Coweta County (the "Coweta Authority") of
$1,600,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Yates Project), First Series 1996 (the "Coweta
Revenue Bonds"), the issuance and sale by the Development
Authority of Floyd County (the "Floyd Authority") of
$10,080,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Hammond Project), First Series 1996 (the "Floyd
Revenue Bonds"), and the issuance and sale by the Development
Authority of Heard County (the "Heard Authority") of
$3,800,000 Pollution Control Revenue Bonds (Georgia Power
Company Plant Wansley Project), First Series 1996 (the "Heard
Revenue Bonds" and, together with the Burke Revenue Bonds, the
Coweta Revenue Bonds and the Floyd Revenue Bonds, the "Revenue
Bonds"), the Company issued the following:
(a) promissory note dated September 11, 1996 in the
principal amount of $46,000,000 (the "Burke Note"),
evidencing the obligation of the Company to repay the
Burke Authority's loan (the "Burke Loan") to it of
the proceeds of the Burke Revenue Bonds,
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(b) promissory note dated September 11, 1996 in the
principal amount of $1,600,000 (the "Coweta Note"),
evidencing the obligation of the Company to repay the
Coweta Authority's loan (the "Coweta Loan") to it of
the proceeds of the Coweta Revenue Bonds,
(c) promissory note dated September 11, 1996 in the
principal amount of $10,080,000 (the "Floyd Note"),
evidencing the obligation of the Company to repay the
Floyd Authority's loan (the "Floyd Loan") to it of
the proceeds of the Floyd Revenue Bonds, and
(d) promissory note dated September 11, 1996 in the
principal amount of $3,800,000 (the "Heard Note" and,
together with the Burke Note, the Coweta Note and the
Floyd Note, the "Notes"), evidencing the obligation
of the Company to repay the Heard Authority's loan
(the "Heard Loan" and, together with the Burke Loan,
the Coweta Loan and the Floyd Loan, the "Loans") to
it of the proceeds of the Heard Revenue Bonds.
Item 2. Issue, renewal or guaranty.
Issue.
Item 3. Principal amount of each security.
See Item 1 hereinabove.
Item 4. Rate of interest per annum of each security.
Each of the Notes will bear interest at the rate or rates of
interest borne by the corresponding series of Revenue Bonds.
Initially, the Burke Revenue Bonds will bear interest from the date of
their original issuance and delivery at a Daily Rate determined by
J. P. Morgan Securities Inc., the Remarketing Agent
for the Burke Revenue Bonds.
Initially, the Coweta Revenue Bonds will bear interest from
the date of their original issuance and delivery at a Daily
Rate determined by SunTrust Bank, Atlanta, the Remarketing
Agent for the Coweta Revenue Bonds.
Initially, the Floyd Revenue Bonds will bear interest from the
date of their original issuance and delivery at a Daily Rate
determined by SunTrust Bank, Atlanta, the Remarketing Agent
for the Floyd Revenue Bonds.
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Initially, the Heard Revenue Bonds will bear interest from the
date of their original issuance and delivery at a Daily Rate
determined by SunTrust Bank, Atlanta, the Remarketing Agent
for the Heard Revenue Bonds.
The Company may from time to time change the method of
determining the interest rate on any series of the Revenue
Bonds to a Daily, Weekly, Commercial Paper or Long-Term
Interest Rate.
Item 5. Date of issue, renewal or guaranty of each security.
September 11, 1996.
Item 6. If renewal of security, give date of original issue.
Not Applicable.
Item 7. Date of maturity of each security.
September 1, 2026, subject to prepayment or prior redemption.
Item 8. Name of person to whom each security was issued, renewed or guaranteed.
The Notes were issued in favor of the respective Authorities
and assigned by each of them to The Bank of New York, as
trustee (the "Revenue Bond Trustee") for the benefit of the
holders of the respective series of Revenue Bonds.
Item 9. Collateral given with each security, if any.
None.
Item 10. Consideration received for each security.
The Company issued the Notes in consideration of the Loans
aggregating $61,480,000 (the "Loans' Proceeds").
Item 11. Application of proceeds of each security.
The Loans' Proceeds have been deposited with the Revenue Bond
Trustee and have been or will be applied to the refunding
redemptions of $5,080,000 outstanding 6 3/8% Development
Authority of Floyd County Pollution Control Revenue Bonds
(Georgia Power Company Plant Hammond Project) First Series
1978 due April 1, 2008, $46,000,000 outstanding 8% Development
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Authority of Burke County Pollution Control Revenue Bonds
(Georgia Power Company Plant Vogtle Project) First Series 1986
due October 1, 2016, $1,600,000 outstanding 8% Development
Authority of Coweta County Pollution Control Revenue Bonds
(Georgia Power Company Plant Yates Project) First Series 1986
due October 1, 2016, $5,000,000 outstanding 8% Development
Authority of Floyd County Pollution Control Revenue Bonds
(Georgia Power Company Plant Hammond Project) First Series
1986 due October 1, 2016 and $3,800,000 outstanding 8%
Development Authority of Heard County Pollution Control
Revenue Bonds (Georgia Power Company Plant Wansley Project)
First Series 1986 due October 1, 2016.
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: September 18, 1996 GEORGIA POWER COMPANY
By:_/s/Wayne Boston__
Wayne Boston
Assistant Secretary
