A Georgia Power representative said the rising costs will help with storm restoration, investments in their power grid infrastructure, and providing more reliable and adaptable power.
However, Georgia Power’s offer of a $4 monthly basic service rate increase by 2022 is contingent on state regulators establishing a profit margin the company deems to be fair, the utility’s attorney Kevin Greene said at a PSC committee meeting last week. ▪ If you publish online, include the links from the story, and a link to Georgia Recorder. The company is offering to keep the current mandatory monthly fee in 2020 and raise it $2 in 2021 and another $2 in 2022. See how much your bill would increase if their proposal is approved. He noted that the ongoing rate case does not include the likely $800 million to $1 billion customers may pay for the looming tab for Plant Vogtle’s two newest nuclear reactors. In the table below, you can see that customers who currently pay $65/month would end up paying about $82/month in 2022, customers who currently pay $75/month would end up paying about $93/month, and customers who currently pay $85/month would end up paying about $104/month. The commission’s staffers say the company’s coal ash cleanup cost estimates are too high and the utility should charge for next year now and create more accurate projections for the subsequent years to justify later requests. The company’s initial three-year plan called for incrementally raising the monthly basic service charge from $10 to $17.95 starting next year. Currently residential customers pay a $10 per month Basic Service Charge to Georgia Power before using any electricity. Maggie Shober and Chris Carnevale | September 8, 2019 | Georgia, Utilities. Contact Editor John McCosh for questions: firstname.lastname@example.org.
One of the commissioners sounded sympathetic to that point of view recently. State regulators are set to vote Tuesday on Georgia Power’s $2.2 billion rate hike request, setting up a final round of haggling several months after the company proposed to charge residential customers $200 more per year for electricity.
Georgia Power has also proposed to increase energy usage rates an estimated 2-5% per year and to increase riders, which also make up a large portion of monthly bills, by an average of 16%. Typically, a utility company reaches an agreement with state regulators staff first and then gets other parties to sign off, said Chris Carnevale, the alliance’s coastal climate and energy manager.
The Georgia Associated Press Managing Editors named Stanley a finalist for best deadline reporting for his story on the death of Gregg Allman and best beat reporting for explanatory articles on the 2018 Macon-Bibb County budget deliberations.
So how much would YOUR bill go up under Georgia Power’s proposal?
by Stanley Dunlap, Georgia Recorder December 17, 2019.
Though we know how much the fixed charge will increase, Georgia Power has not disclosed exactly how much they plan to charge customers for energy usage (per kWh) in 2021 or 2022, so we had to calculate estimated energy rates for those years based on other information in the filing. Georgia Power appears poised to settle for something less than its initial proposal after the Public Service Commission staff recommended a much smaller increase. Write CSS OR LESS and hit save. He used open records requests to break a story of a $400 million pension sweetheart deal a county manager steered to a friendly consultant. Local resident, Justus Armstrong, said, “I know it is only $6, but we have other bills to pay- whether that is internet, water, or anything else. Consumer watchdogs, social justice groups and environmentalists that watched the slow-moving rate case unfold for months are sure to be on hand as the five elected commissioners are expected to decide today at the downtown Atlanta hearing. ▪ If you share the story on social media, please mention GeorgiaRecorder on Twitter and GeorgiaRecorder on Facebook.
“It’s one of the best run utilities in the nation, yet still when you have significant responsibilities and you make decisions, you can’t just throw those decisions to someone else all the time,” McDonald said. Copyright 2019 WTVM. Georgia Power has proposed a series of increases in customer charges.
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