ATLANTA — Georgia Power officials signed off late Wednesday on an agreement that would lower the utility’s rate hike request now before the state Public Service Commission (PSC) by nearly 40%.

The company, the PSC’s Public Interest Advocacy Staff, and intervenors in the rate case agreed on a rate hike that would raise $1.8 billion from Georgia Power customers during the next three years. The proposal will be presented to the PSC’s Energy Committee on Thursday.

Recommended for you

This story is available through a news partnership with Capitol Beat News Service, a project of the Georgia Press Educational Foundation.

Tags

(0) comments

Welcome to the discussion.

Please log in, or sign up for a new, free account to read or post comments.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Post a comment
Stop watching this discussion.