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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Electric plant:    
In service $ 17,388,476 $ 14,112,098
Right-of-use assets--finance leases 302,732 302,732
Less: Accumulated provision for depreciation (5,701,627) (5,418,738)
Electric plant in service, net 11,989,581 8,996,092
Nuclear fuel, at amortized cost 402,328 389,662
Construction work in progress 320,167 3,294,641
Total electric plant 12,712,076 12,680,395
Investments and funds:    
Nuclear decommissioning trust fund 721,624 641,239
Investment in associated companies 86,720 82,133
Long-term investments 645,166 690,732
Other 38,862 35,585
Total investments and funds 1,492,372 1,449,689
Current assets:    
Cash and cash equivalents 337,813 490,592
Restricted cash and short-term investments 500 0
Short-term investments 124,572 143,931
Receivables 246,581 201,784
Inventories, at weighted average cost 356,285 337,045
Prepayments and other current assets 44,218 18,335
Total current assets 1,109,969 1,191,687
Deferred charges and other assets:    
Regulatory assets 1,103,633 1,131,489
Prepayments to Georgia Power Company 16,334 13,722
Other 43,154 57,869
Total deferred charges and other assets 1,163,121 1,203,080
Total assets 16,477,538 16,524,851
Capitalization:    
Patronage capital and membership fees 1,328,418 1,257,917
Long-term debt 12,134,194 11,600,917
Obligations under finance leases 33,173 43,586
Obligation under Rocky Mountain transactions 31,910 29,862
Other 5,715 5,152
Total capitalization 13,533,410 12,937,434
Current liabilities:    
Long-term debt and finance leases due within one year 398,979 384,426
Short-term borrowings 145,604 607,885
Accounts payable 138,537 117,272
Accrued interest 81,425 106,355
Member power bill prepayments, current 31,258 31,406
Other current liabilities 140,611 111,109
Total current liabilities 936,414 1,358,453
Deferred credits and other liabilities:    
Asset retirement obligations 1,279,121 1,458,937
Member power bill prepayments, non-current 54,183 47,133
Regulatory liabilities 661,592 706,320
Other 12,818 16,574
Total deferred credits and other liabilities 2,007,714 2,228,964
Total equity and liabilities 16,477,538 16,524,851
Commitments and Contingencies (Notes 1, 7, 10, 11 and 12)