State utility regulators begin hearings Tuesday on Georgia Power’s request to increase rates by nearly $8 a month for the typical customer. All told, the increase will generate an additional $482 million for the company, which officials say is needed to offset higher costs and lower revenues from customers using less energy.
Georgia Power’s rate hike request is coming under scrutiny in 3 days of testimony before the public service commission. Opponents say the current economy does not justify the increase. Georgia power wants approval to raise its rates to bring in a billion dollars. The average bill would go up by $11 dollars a month.