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Georgia Power might raise rates to offset high fuel costs

georgiapower.com

Georgia Power and the state Public Service Commission’s (PSC) Public Interest Advocacy Staff have reached an agreement resulting in a slight reduction in the utility’s request to recover $2.1 billion in higher fuel costs from customers.

If the commission approves the agreement next month, Georgia Power would trim $7 million off the recovery request.

Still, the average customer who uses 1,000 kilowatt-hours of electricity per month would see an increase of at least $17 on their monthly bills.

The PSC will hold hearings on the proposed agreement early next month and vote on the plan May 16.

Jeff has delivered morning news at WUGA Radio for more than a decade. He was among a team at CNN that won a George Foster Peabody Award in 1991 for an educational product based on the fall of the Soviet Union. He also won an Edward R. Murrow Award from Radio Television Digital News Association in 2007 for producing a series for WSB Radio on financial scams. Jeff is a graduate of the Babcock Graduate School of Management at Wake Forest University (MBA) and holds a BS in Business Administration from Campbell University, both in North Carolina.