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GPB News - Innovation

Rate Hike Still Pending

Testimony wrapped up Wednesday at the Public Service Commission about Georgia Power’s request to raise rates. Georgia Power wants approval to charge customers another $1.2 billion over three years. That breaks down to a $10.88 spike to the average customer’s bill each month.

Farm Income Up

The U.S. Department of Agriculture is forecasting a great year for farmers. Many in Georgia are expected to benefit.

Jasper Port Could Seek Permits In 2012

A consultant working for the half-billion-dollar port being developed jointly by Georgia and South Carolina says, the project could get its permits as early as 2012. The early timeline pleases local officials.

Disaster Declaration Covers State

Every county in Georgia could qualify for disaster assistance from the federal government. The designation comes on the heels of several very warm, dry months.

More Georgia Banks Could Fail

The pace of bank failures slowed in Georgia this year, just 18 have failed compared to 25 in 2009. However, that number could grow again.

Black Friday For Local Retailers Varies

Large scale department stores aren’t the only retailers benefiting from the black Friday rush. Small boutiques across the state are also seeing more customers although with mixed results. Many are window shopping, but some are spending money in local stores.

Georgia Businesses Eager For Holiday Shopping

Georgia businesses are hoping shoppers throw them a life-line by making sure they "buy local" this holiday season. Retailers are in a hopeful mood. A National Retail Federation report shows overall holiday spending should increase by about 2% this year.

Tax Credit Nears End

A tax credit that's helped Georgia businesses boost sales is about to expire. There's now about a month left to take advantage of a stimulus-funded rebate.

Plastics Plan Brings Jobs

Encore Plastics Corp, a Sandusky, Ohio-based plastics manufacturer, says it will open a plant in Forsyth early in 2011. Encore officials say the Monroe County plant will manufacture and distribute paint-related packaging items, along with a line of industrial pails.

Unemployment Debt Up And Rising

This year about 50 percent of the money in Georgia’s unemployment insurance fund came from the federal government. The state took out the loan earlier this year because it couldn’t afford to pay unemployment benefits to record numbers of Georgians.

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