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.
Lower fuel costs are prompting Georgia Power to ask the Public Service Commission to allow the utility to lower customers' bills by 64 cents a month. The reduction comes after $14 a month in increases so far this year.
Next week state regulators will vote on whether to grant Georgia Power a rate hike request which could mean $15 more on monthly electricity bills. But first, some groups have banded together to make a last ditch effort to get that cut in half.