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Thursday, May 31, 2012 - 12:00pm

Electric Rates Are Going Up

Starting June, 1 Georgia Power customers bills will go up. But customers will also save on fuel costs.

Georgia Power’s summer rates are kicking in the same day a fuel cost decrease goes into effect. The fuel cut will save customers around $8 a month.

But when it comes to the actual cost per kilowatt hour, rates will jump above five cents when you reach 1,000 kilowatt hours, which most households do. Georgia Power’s Valerie Hendrickson says that’s why bills jump at this time of year.

“The more electricity you use, that increase will go a little higher. So for say over 1,000 kilowatt per hour you’re looking at nine cents.”

Hendrickson says rates go up because it costs more to generate electricity when demand is high. In October the cost of electricity actually goes down once usage declines.

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