Georgia Power wants to pass on fuel savings to customers

Thursday, Nov. 1, 2012 10:27 PM
Last updated 11:16 PM
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ATLANTA — Georgia Power customers’ monthly bills won’t rise as much next year because the company is saving enough on fuel to nearly offset the increases, the utility announced Thursday.

The company filed a request with the Public Service Commission to pass on fuel savings amounting to 7 percent for a total of $122 million. That comes to about $1.82 for the average residential customer each month, almost offsetting three previously scheduled increases that take effect at the same time.

The three increases are due to construction of two reactors at Plant Vogtle, an energy-conservation program and the conversion of a power plant in Atlanta from coal to natural gas.

Taking the fuel savings and the scheduled increases together would leave the typical residential customer with a 44-cent increase in monthly bills, according to the company’s estimate.

The fuel component in power bills dropped 19 percent in June.

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OpenCurtain
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OpenCurtain 11/02/12 - 10:23 am
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What no Nuke Power construction rate hike?

Back in the 80's they tried to saddle Ga with a rate hike to cover Hatch and Vogtle construction. Despite Southern Company using a majority of the generated electricity in other states via the Interstate power grid, at that time.

I guess things are better now.

Little Lamb
43821
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Little Lamb 11/02/12 - 10:32 am
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What do you get?

What do you get when you cut a hike?

omnomnom
3964
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omnomnom 11/02/12 - 11:05 am
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little lamb, good

little lamb, good PR

.....

and a hike

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