Georgia Power Electric Rate Hike Meets Resistance
Press release from the issuing company
Wednesday, December 15th, 2010
A week from Tuesday, state utility regulators will decide on a three-year deal that would give Georgia Power one of its biggest rate hikes in history -- and eventually add another $15 to the typical family's monthly electric bill.
The deal was signed by Georgia Power, the Public Service Commission's litigating staff and many -- but not all -- of the interest groups involved in fighting the utility's original, $1.1 billion rate hike request. It would give the company an $844 million hike.
