Press Mention WSAV June 17, 2021
Topical Mention
Georgia Power seeks $235M boost to pay for nuclear plant
In this mention
Georgia Power has filed a request with the Georgia Public Service Commission to raise annual customer rates by $235 million to fund its share of two nuclear reactors at Plant Vogtle near Augusta. The utility projects spending $11.8 billion on the project, with residential customers seeing approximately $4 monthly bill increases. The Public Service Commission staff recommends Georgia Power receive less than the requested amount.
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Full transcript
by: JoAnn Merrigan
Posted: Jun 18, 2021 / 08:30 AM EDT
Updated: Jun 18, 2021 / 08:16 PM EDT
ATLANTA (AP) — Georgia Power Co. is asking regulators to let it raise annual rates on customers by $235 million a year as the utility seeks to pay for its share of a huge nuclear project.
The company says bills for a residential customer would rise about $4 a month.
The unit of Atlanta-based Southern Co. filed the request Tuesday with the Georgia Public Service Commission.
The commission is scheduled to vote on the request by November.
Georgia Power projects spending $11.8 billion on its share of two nuclear reactors at Plant Vogtle near Augusta.
The Public Service Commission staff says Georgia Power should get less than it's seeking.