ATLANTA — Georgia Power filed a request with the Georgia Public Service Commission that would allow them to increase customer rates.
The utility said in a news release it needs to “support essential, critical investments in electric grid reliability, cleaner and more economical energy resources, and better customer experience.”
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“We take our responsibility to plan, prepare and make the investments needed to meet our customers’ energy needs today, tomorrow and for years to come seriously, and Georgia Power’s request to the Georgia Public Service Commission today outlines and supports that focus,” said Georgia Power chairman, president and CEO Chris Womack.
Georgia Power says a typical residential customer using 1,000 kilowatt-hours per month would see an increase of $14.32 every month starting in 2023. The utility would add another $1.35 per month in 2024 and $0.62 per month in 2025 for a total average increase of $16.29 per month or $195.48 per year.
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The utility pointed out the proposed 12% increase is lower than the current projected rate of inflation.
The Georgia Public Service Commission must approve the new rates.
Hearings are set for later this year.
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