Georgia Power Files Request To Lower Customer Bills
After absorbing multiple rate increases over the last year, Georgia Power customers appear headed for some relief on their bills.
Georgia Power is asking state regulators to lower customer bills by about 6%, or about $8 dollars each month for the average rate payer.
Georgia Power spokeswoman Lynn Wallace says the company is taking advantage of historically low natural gas prices.
“The decrease was primarily driven by lower natural gas prices as a result of increased natural gas supplies,” said Wallace. “Some other contributing factors were lower demand for electricity coupled with the mild weather we’ve been having.”
Since 2011, the average customer bill has increased by about $14 a month. This week a new hike kicked in to help pay for the costs related to converting Plant McDonough in Cobb County from coal to natural gas.
Wallace says the company will continue to diversify its energy portfolio.
“We’re moving towards more natural gas and whether its nuclear, or it’s coal, or it’s natural gas, we have a pretty diverse energy portfolio and customers will benefit from that, “ said Wallace.”
The Public Service Commission will hold public hearings on the request June 7th and 8th. If the state signs off, the lower rates would go into effect in July.
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