Georgia Power has filed a request with the Georgia Public Service Commission (PSC) to increase customer rates by approximately 7 percent in 2020 to enable the company to continue making investments in Georgia’s energy future. You can read Georgia Power’s additional comments below: "Georgia Power’s rates are currently approximately 16% below the national average and the company expects its rates to still be well below the national average if its proposals are approved. He also said the PSC is still allowing the company’s rate of return to be higher than even its own staff recommended. racist or sexually-oriented language. Threats of harming another COLUMBUS, Ga. (WTVM) - Georgia Power representatives say they have proposed a rate increase that could be impacting your wallet next year. “So I felt like this is a way that I can listen to my constituents and still give the power company the money they need to operate but do it in a way that my constituents feel like is a fairer way to do it.”. Georgia Power had initially requested a $2.2 billion increase over the next three years and requested a basic service charge increase from $10 to $17.95 over the next three years. That will be followed by an increase of roughly half that size in 2021 and a larger increase in 2022, although Kraft said precise figures for those years weren’t immediately available.” In the last six years, the company has responded to an average of 50 significant weather events each year, which have depleted the company’s storm restoration fund and cost the company an additional $450 million in restoration costs not currently recovered in rates. According to a news release from the Public Service Commission, Georgia Power will still collect $1.77 billion of the proposed $2.2 billion increase … READ MORE: Georgia Power looking to raise rates starting in January CHARLOTTE, NC (WCNC/NBC News) - A Charlotte, North Carolina family is pulling out all the stops to keep Halloween fun and spooky for kids in their neighborhood this year. each comment to let us know of abusive posts. © 2018 Southern Company. The Savannah Morning News reports the utility is seeking to increase customer rates by about 7% in 2020. Our traditional rate plan with prices that vary throughout the year. Georgia Power spokesman John Kraft says the company's basic service charge has increased only $2.50 over 30 years and remains among the lowest of the state's utilities. “Georgia Power spokesman John Kraft said a residential customer who uses 1,000 kilowatt hours of power a month will see bills rise beginning Jan. 1 by $5.89 a month, to $129.20. SAVANNAH, Ga. (WSAV) – You will be paying more for electricity beginning in 2020, but not as much as you might have if the Public Service Commission (PSC) had granted the full rate hike request from Georgia Power. Don't knowingly lie about anyone We'd love to hear eyewitness Under a proposal by commissioner Tim Echols, rates will be set to … Anything to get more money and put people out! person will not be tolerated. P.O. © 1998 - 2020 Nexstar Inc. | All Rights Reserved. The Georgia Public Service Commission on Tuesday approved a rate increase for Georgia Power Co. accounts, the history behind an article. In addition, we continue to expand other energy assistance efforts and have a long-standing history of assisting income-qualified customers make use of specially designed programs and resources to help them pay their bills, and those will continue. Georgia Power seeking rate increase in 2020, LAST DAY OF EARLY VOTING // Find Your Early Voting Location. Representatives from Alabama Power said it is too soon to tell if their rates will change in 2020. Residential customers will pay $2 more on their monthly basic service charge in 2021 and $2 more in 2022. PSC’s Echols says Georgia Power must be allowed to collect enough revenue to operate. Save money by charging your vehicle overnight. * Please note that the Summer Rate Scale reflects tiered rates that increase as your kWh usage increases. Georgia Power Rate Increase. If approved, customers can expect to see a … Small changes in when you use energy during the summer can bring savings. The Pay by Day rate plan combines the convenience of PrePay with the certainty of a fixed daily price. Ga. 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Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. According to a news release from the Public Service Commission, Georgia Power will still collect $1.77 billion of the proposed $2.2 billion increase from 2020 through 2022. Control when and how much you pay by prepaying for your electric service. Time-of-Use - Fuel Cost Recovery - Three Part (PDF). “Today’s decision subordinated interests of residential customers and small businesses to those of big business. “Consumers did not win,” said Kurt Ebersbach from the Southern Environmental Law Center. Georgia Power said their rates will still be below average if this increase is approved. He also says on an inflation adjusted basis that bills are about the same as the 1990’s. "Georgia Power has requested funds that will help us enhance and improve the electrical grid infrastructure in the state,” representative John Kraft said, “it’s also for storm restoration efforts and our environmental programs.”. msn back to msn home news. This material may not be published, broadcast, rewritten, or redistributed. Georgia Power is targeting January as a projected date for the price increase. In terms of the PSC’s action, Echols said lowering that monthly fee which all customers pay just to have service was a “good compromise.”. PLEASE TURN OFF YOUR CAPS LOCK. All rights reserved. When Georgia Power initiated the request with the state Public Service Commission in the summer, it asked for the fixed monthly fee for residential customers to gradually rise from $10 to $17.95 from 2020 to 2022. The Savannah Morning News reports the utility is seeking to increase customer rates by about 7% in 2020. That's why certain 501(c)(3) organizations can apply for a Georgia Power grant. He says some customers are paying only about one dollar more month than they were paying in 2011. Entering Georgia as a Category 4 storm, it brought high winds, heavy rainfall and fallen trees that caused extensive damage as it crossed through the state, especially in Southwest Georgia near Bainbridge, Albany and Tifton. The Southern Alliance for Clean Energy (SACE) called the higher monthly fee a “terrible precedent for potential similar increases in the future.”, SACE also said “even this $4 increase on residential customers is unjustified, based on faulty calculations, and much larger than most other fee hikes approved by utility commissions around the nation.”. Georgia Power is dedicated to giving back to the communities we serve. Georgia Power residential customers currently pay less than $1 more per month today than they did in 2011.
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