SECURITIES AND EXCHANGE COMMISSION

                             Washington, D. C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)         August 12, 2004
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                              GEORGIA POWER COMPANY
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             (Exact name of registrant as specified in its charter)

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          Georgia                   1-6468                    58-0257110
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(State or other jurisdiction   (Commission File     (IRS Employer Identification
      of incorporation)             Number)                     No.)


241 Ralph McGill Boulevard, NE, Atlanta, Georgia                   30308
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    (Address of principal executive offices)                     (Zip Code)


Registrant's telephone number, including area code        (404) 506-6526
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                                       N/A
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         (Former name or former address, if changed since last report.)






Item 9.         Regulation FD Disclosure.

     On August 12, 2004, Georgia Power Company ("Georgia Power") and Gulf Power
Company ("Gulf Power") entered into a purchased power agreement with Florida
Power & Light ("FP&L"). Under the agreement, Georgia Power and Gulf Power will
provide FP&L with 165 megawatts of capacity annually from the jointly owned
Plant Scherer Unit 3 for the period from June 2010 through December 2015. The
contract provides for fixed capacity payments and variable energy payments based
on actual energy delivered. The contract is contingent upon certain events,
including approval of the Florida Public Service Commission. The final outcome
of this matter cannot now be determined.


                                   SIGNATURES

                Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.


Date:  August 16, 2004                GEORGIA POWER COMPANY



                                      By /s/Wayne Boston
                                          Wayne Boston
                                       Assistant Secretary