Georgia Power seeks residential rate hike

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ATLANTA --- Georgia Power Co. says it needs approval for a 6.8 percent boost in what it charges its customers for fuel, adding $6.98 to the average monthly residential bill for a total of $642 million.

State law requires the Public Service Commission to pass along to customers the company's expense for fuel used in generating electricity, but the commission can adjust the timing and reject any requests it considers invalid. The commission did not grant $128 million of the company's request in 2008 in hopes that the rapid rise in energy prices would soon drop.

Georgia Power says prices didn't drop as fast as they rose, meaning it collected less than the actual cost of fuel. The bulk of the cost increase is for coal, which was partially offset by a decrease in the price of natural gas and lower demand for electricity during the weak economy.

The current request includes adjusting electric bills so they are higher in summer when consumption soars with the use of air conditioning. Those peak-demand periods require utilities to crank up power plants that are otherwise idle because of their expensive operations.

Such seasonal rates might encourage customers to reduce electricity use when it's the most expensive.

The commission will vote on the request March 10, and the increase could take effect April 1.

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omnomnom
3964
Points
omnomnom 12/17/09 - 04:33 am
0
0
inflation at work ya'll.

inflation at work ya'll. don't believe those govt. reports that say its under 1%... shadowstats.com

soccerfan
18
Points
soccerfan 12/17/09 - 09:01 am
0
0
Yea a lot of people are

Yea a lot of people are having problems paying their power bills due to the economy so lets raise the rates. Makes a lot of sense doesn't it?

donrut
0
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donrut 12/17/09 - 09:27 am
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They dont care about anybodys

They dont care about anybodys situation but their OWN. it will never change.

dstewartsr
20389
Points
dstewartsr 12/17/09 - 09:42 am
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0
Georgia Power complains

Georgia Power complains prices didn't drop as fast as they rose. Yeah, neither did their rates.

dsolvtec
12
Points
dsolvtec 12/17/09 - 09:44 am
0
0
NOOOOOO! We (The people)

NOOOOOO! We (The people) Need a 6.8% discount! I'm sure you can make a report that you need this and that, but how about hundreds of thousands of people at your doors shaking their own reports in the air ~ OUR BILLS! Stay active and let www.georgiapower.com know how you feel, or we could have 7 bucks a month taken from us!

Fiat_Lux
14984
Points
Fiat_Lux 12/17/09 - 11:30 am
0
0
If you really want to gripe

If you really want to gripe effectively, start hammering on your legislators about allowing the Bakken to be tapped. There's enough oil and coal-bed natural gas to keep this country (and many others as well) running for as far into the future as we can conceive-- if only it's use wasn't being stymied by people with more money than brains.

way2goAUG
0
Points
way2goAUG 12/17/09 - 11:32 am
0
0
Anyone have any good info on

Anyone have any good info on solar panels? I believe this will be the only way to send a message to Georgia Power.

lady_alessandra
0
Points
lady_alessandra 12/17/09 - 12:28 pm
0
0
The really bad part of it is

The really bad part of it is electricity is not a luxury, but a necessity. So for some people it's a question of - do I eat fewer meals this month or have electricity?

lady_alessandra
0
Points
lady_alessandra 12/17/09 - 12:28 pm
0
0
The really bad part of it is

The really bad part of it is electricity is not a luxury, but a necessity. So for some people it's a question of - do I eat fewer meals this month or have electricity?

Little Lamb
44796
Points
Little Lamb 12/17/09 - 04:45 pm
0
0
I wonder why the writer and

I wonder why the writer and editor used the term "residential rate hike" in the title, but the actual request is for ALL customers - - residential, commercial and industrial.

motorheadaches
0
Points
motorheadaches 12/17/09 - 05:26 pm
0
0
Just wait until the liberals

Just wait until the liberals pass cap and trade. That'll learn ya whining, gun toting, God fearing, no global warming conservative buttholes! Now excuse me while I crank up the furnace, clean my .45, read the Bible, listen to Rush, and write in the Whine Line! (not all at once, mind you)

imdstuf
10
Points
imdstuf 12/17/09 - 06:29 pm
0
0
Inflation my butt, its GP

Inflation my butt, its GP wanting profit inflation.

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