Exhibit 23.2



                          INDEPENDENT AUDITORS' CONSENT

The Board of Directors
Ambac Assurance Corporation:

We consent to the incorporation by reference in the registration statements
(Nos. 333-75193, 333-75193-01 and 333-75193-02) of Georgia Power Company (the
"Registrant"), and in the Prospectus Supplement of the Registrant (the
"Prospectus Supplement"), via the Form 8-K of the Registrant dated February 23,
2001, of our report dated January 21, 2000 on the consolidated financial
statements of Ambac Assurance Corporation and subsidiaries as of December 31,
1999 and 1998, and for each of the years in the three-year period ended December
31, 1999, which report appears in the Form 10-K of Ambac Financial Group, Inc.
which was filed with the Securities and Exchange Commission on March 30, 2000
and to the reference to our firm under the heading "Experts" in the Prospectus
Supplement.

                                            KPMG LLP

New York, New York
February 23, 2001