Georgia Power Asks For 6% Rate Hike
Georgia Power late Friday asked the state Public Service Commission for a $482-million rate increase.
For the average residential customer, that comes out to a hike of about $7.84 per month.
Why the increase?
The company says it’s to cover the costs of pollution controls, smart-grid technology, transmission lines and customer service.
Within minutes of the filing, the watchdog group Georgia Watch filed a brief asking the PSC to deny the request.
The group says it’s concerned the power company continues to earn higher and higher profits on the backs of the state’s utility customers.
The commission will hold hearings in coming months and will likely vote on the increase in December.
If approved, the rate hike would take effect Jan. 1.
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