State regulators are considering whether to raise power rates on Georgia Power customers – in part to increase profits for the company’s shareholders.
The rate hike would increase the typical household’s bill by about 14 dollars a month.
Emily Jones joined WABE’s “All Things Considered” to talk about state commission hearings currently considering the rate increase.
According to Jones, Georgia’s largest utility is again making the case for increasing the return on equity for its shareholders. Georgia Power is also running into conflict with the commission about the billing system for a popular rooftop solar program.
“We’re talking about Georgia Power here, we’re not talking about the average utility,” said Aaron Abramowitz of Georgia Power in response to Public Service Commission staff pointing out that the amount the company wants is above the industry average.
