FWP 1 gafwp1206.txt Filed Pursuant to Rule 433 Registration Nos. 333-121202, 333-121202-01, 333-121202-02, 333-121202-03 and 333-121202-04 December 8, 2006 PRICING TERM SHEET (to Preliminary Prospectus Supplement dated December 4, 2006) Issuer: Georgia Power Company Security: Series 2006A Senior Insured Quarterly Notes Maturity Date: December 15, 2040 Ratings: Aaa/AAA/AAA (Moody's/Standard & Poor's/Fitch) Coupon: 5.65% per annum, paid quarterly Proceeds to Issuer: 96.85% of principal amount ($968.50 per note) Expected Settlement Date: December 13, 2006 Lead Manager: Edward D. Jones & Co., L.P. The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Georgia Power Company collect at 1-404-506-0759 or Edward D. Jones & Co., L.P. toll-free at 1-800-441-2357.