Report puts Georgia Power profits at 23% of bills, a figure the company disputes

Editor’s note: This story has been updated to reflect that the monopoly utility disputes the nonprofit’s methodology, saying the figure is closer to 12%.

Georgia Power’s profits accounted for almost 23% of each customer’s bill last year, according to a recent report by the nonprofit Energy & Policy Institute.

That means that for an average summertime bill of $200, a customer paid about $46 toward company profits.