Georgia Power raises rates
The bill for an average residential household will rise more than $14 as the power company hikes its rates and charges new fees for a nuclear construction project.
Members of the Public Service Commission voted earlier this month to allow the power company to make one of its sharpest rate increases in recent years. Georgia Power executives said it was necessary to compensate for falling revenues and upgrade power plants to comply with environmental rules.
Separately, Georgia's state government is allowing the company to charge its customers for the finance costs of building two nuclear reactors near Waynesboro. The reactors have not received final federal approval.
Related News
COVID-19 Response: Electric Power Industry Closely Coordinating With Federal Partners
WASHINGTON - The nation’s investor-owned electric companies, public power utilities, and electric cooperatives are working together to protect the energy grid and ensure continued access to safe and reliable electricity during the COVID-19 global health crisis.
The electric power industry has been planning for years for an emergency like the COVID-19 pandemic, as well as countless other types of emergencies, and the industry is coordinating closely with government partners through the Electricity Subsector Coordinating Council (ESCC) to ensure that organizations have the resources they need to keep the lights on.
The ESCC is holding high-level coordination calls twice a week with senior…
