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Ga Power Rate Increase Hearings
Monday, 04 October 2010

October 4--  Your Georgia Power Company electric bill will be going up in January if the Georgia Public Service Commission (PSC) approves a rate increase.

Bill Edge, a spokesman for the PSC, says the state agency will hear testimony from the company during hearings in October and November.

"Each of the commissioners is a statewide elected official, so they do listen to comments from the people.  We do have to make it clear that what the commissioners do is a balancing act.  They've got to allow the company to earn a fair rate of return and be financially viable in order to provide the service.  They've got to insure there's enough electricity in Georgia so that businesses and industry and consumers alike will have the power they need to keep the economy growing," Edge says.

Last year the PSC allowed a fuel recovery cost increase to Georgia Power that kicked up consumer rates.  The last increase to the basic rate was in 2007.  The company claims this latest rate increase request will cost the average residential consumer nearly $11 more a month.

You can get more info on the increase and listen to the PSC hearing starting Monday morning at nine a.m. on the Internet at www.psc.state.ga.us.

 

 

 
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