Georgia Power Co. is asking regulators to let it raise annual rates on customers by $235 million a year as the utility seeks to pay for its share of a huge nuclear project.
The company says the proposal would raise bills for a typical residential customer by about $4 a month. That would mean about a 3% increase over the current typical monthly residential bill of $122.73.
The unit of Atlanta-based Southern Co. filed the request with the Georgia Public Service Commission on Tuesday. The five-member regulatory body is scheduled to vote on the request by November.
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