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Georgia Power might raise rates to offset high fuel costs

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.