Utility Regulator Calls on Georgia Power to Reduce Fuel Charges Early
A state utility regulator is calling on Georgia Power to start cutting down on fuel charges a month earlier than expected.
Georgia Public Service Commissioner Chuck Eaton says he wants to accelerate a planned price reduction from July to June to help customers save on their summer electric bills.
“We all know the rates are going to decrease. We know that because we’ve seen the projections. It’s not just that we’re able to do it a month earlier, it’s the fact that we’re doing it during the summer cooling season when bills are the highest.”
If the Public Service Commission and Georgia Power agree on the request, the average ratepayer would save about $8 on their June bills.
That appears likely to happen. A Georgia Power spokeswoman says the company is working with PSC staff to implement the decrease by June 1.
In March, due largely to lower natural gas prices, Georgia Power said it would reduce its fuel recovery charges by about a billion dollars over the next two years. The result is a six percent decrease in customer bills.
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