Press Mention Axios September 20, 2022
SACE Referenced
Georgia Power wants to increase electricity prices
In this mention
Georgia Power is seeking a 12% electricity rate increase over three years, with the Georgia Public Service Commission accepting public comments starting September 27, 2022. The Southern Alliance for Clean Energy criticized the utility's spending plan for failing to increase rooftop solar and other renewable energy options, while large industrial customers would face steeper 6% bill increases than typical residential ratepayers.
Georgia Power's spending plan fails to increase renewable energy options like rooftop solar
SACE
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Full transcript
Sep 21, 2022 - News
Georgia Power wants to increase electricity prices
- Thomas Wheatley
Georgia Power wants to hike electricity prices 12% over the next three years — but not before giving the chance to make your voice heard.
Why it matters: Georgia Power provides electricity to more than 2 million people in 155 of the state's 159 counties.
Details: Starting next Tuesday, the Georgia Public Service Commission — a five-member body of elected officials who decide how much you pay to turn on your lights and heat up your oven — will accept public comments on the rate hike.
- Comments will be heard before the hearing and will also be accepted by email.
Of note: The PSC recently changed its public comment rules, a move that sparked protests from some clean-energy and public-interest groups.
By the numbers: Georgia Power says the typical ratepayer would see monthly bills go up $14.32 next year per bill, with smaller increases ($1.35, $0.62) in the following years.
- That additional cash will be re-invested in improving the transmission grid, working toward a goal of adding 6,000 megawatts of renewable energy by 2035, and more, the utility says.
Yes, but: Large industrial customers, however, will see 6% higher bills, the Southern Alliance for Clean Energy said earlier this year. Smaller businesses will see a similar increase to typical residential ratepayers.
- The organization says Georgia Power's spending plan fails to increase renewable energy options like rooftop solar.
What's next: After next week's hearings, the PSC will hold additional meetings in November. A final vote is expected in late December.