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Tuesday, May 15, 2012 - 2:41pm

Georgia Power Decreasing Electricity Rates

Georgia Power customers will see their monthly bills drop by about $8 starting next month.

State utility regulators on Tuesday approved the average 6 percent decrease.

The reduction is the result of a lower amount that the utility says it needs to buy fuel to make electricity — such as natural gas, coal, nuclear power and renewable energy. Georgia Power said in March it would reduce fuel charges on customer bills by $567 million a year over the next two years.

Georgia Power can recoup the cost of fuel from its customers, but it cannot profit from those costs.

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