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Friday, July 2, 2010 - 5:37am

GA Power to Raise Electricity Bills

Georgia Power wants to raise electricity bills by 10 percent for its residential customers as it deals with the recession and the cost of new power plants. The Southern Co.-subsidiary filed the proposal Thursday with regulators at the Public Service Commission, which must approve the plan before it could take effect. The utility firm estimates that a typical residential customer could see his bill go up by nearly $11 a month starting next January if the system is approved. Georgia Power could also seek additional increases in the coming year to pay for the finance costs of expanding a nuclear power plant. The commission plans a December vote on the new utility rates.

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