Georgia PSC Votes to Lower Georgia Power Utility Rates
Georgia Power cut its requests by $113 million, and the commission said customers will see bill reductions beginning in June.
- On Thursday, the Georgia Public Service Commission approved a rate reduction plan delivering annual savings of approximately $50 for typical residential customers, effective next month.
- The agreement reduces storm recovery costs tied to Hurricane Helene from $270 million to $109 million and cuts $13 million from fuel recovery estimates, extending amortization to 67 months.
- Commissioners Peter Hubbard and Alicia Johnson unsuccessfully moved to investigate coal plant decisions costing customers $152 million, but the commission voted 3-2 to reject these amendments.
- "This fuel cost agreement is entirely insufficient," said Michael Hawthorne, Campaign Organizing Strategist for the Sierra Club, while Patrick King II of the Natural Resources Defense Council said it "leaves major accountability issues unresolved."
- Data centers and large-load customers may shift fuel costs onto residential ratepayers through the utility's Real Time Pricing structure, though regulators have not yet confirmed how much industrial operations will contribute in future cases.
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17 Articles
Georgia Recorder
Commission approves Georgia Power fuel rate decrease
The changes approved Thursday will go into effect June 1. Alander Rocha/Georgia RecorderThis coverage is made possible through a partnership between WABE and Grist, a nonprofit environmental media organization. The Georgia Public Service Commission has approved a deal to lower the rate Georgia Power charges for fuel. The change is expected to reduce power bills for millions of Georgians. “It’s great to be able to offer some relief to Georgia Pow…
Georgia PSC backs disputed Georgia Power fuel deal amid data center cost concerns
The Georgia Public Service Commission voted Thursday to approve, without changes, an agreement between Georgia Power and the PSC’s Public Interest Advocacy staff that establishes how the utility can bill customers for fuel costs and storm damage restoration expenses.
Public Service Commission Passes Georgia Power’s Costs to Ratepayers - CleanTechnica
ATLANTA — Today, despite the efforts of two commissioners, the Georgia Public Service Commission agreed to allow Georgia Power to continue automatically passing along all of its fuel costs to ratepayers rather than creating an incentive for the utility company to better manage fuel costs. The commission approved a proposed ... [continued] The post Public Service Commission Passes Georgia Power’s Costs to Ratepayers appeared first on CleanTechnic…
Henry Herald
Georgia Power to send smaller electricity bills after new rate agreement with regulator
ATLANTA — Georgia Power customers will see a slight reduction in power bills after the state agency that regulates the monopoly utility approved rate changes Thursday. The Public Service Commission, an elected body with five members, had previously frozen the…
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