Georgia Power, PSC Staff Agree to Reduced Rate Hike

Press release from the issuing company

Monday, November 22nd, 2010

Georgia Power rates will go up $844 million over the next three years, according to a deal reached Friday.

Signed by the company, the litigating staff of the state Public Service Commission and a group of large retailers, the deal would push up the typical residential customer's bill by an average of $15 per month by 2013.

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