Georgia Power Rate Case Faces Stalemate Over Profit

A vote is scheduled for next Tuesday to decide on the outcome of Georgia Power’s rate increase proposal.

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Just days before the Public Service Commission is scheduled to vote on the Georgia Power rate increase proposal, there still isn’t a comprehensive consensus.

The company and other parties, including regulator’s staff, have a key issue: how much profit Georgia Power is allowed to make. It’s the first time since 2001 that there hasn’t been a settlement at this stage.

Georgia Power presented its proposed rate increase to the Georgia Public Service Commission in July. It amounts to roughly an additional $10 per month per average residential customer, and the company faced pushback from other parties, including the Georgia Association of Manufacturers, the Kroger Company and the commission’s own staff.