Georgia Power Co. bills could go up another 17% in June to cover the higher costs of natural gas and coal that the utility is burning to generate electricity for its 2.7 million customers.
The unit of Atlanta-based Southern Co. told regulators Tuesday that it needs to collect billions more going forward, and that ratepayers will likely owe the company an additional $2.6 billion for fuel it has already bought by June.
That means a typical Georgia Power Co. residential customer could pay as much as $23 a month more on their bills over the next two years to cover the costs, if the Georgia Public Service Commission approves. The company says falling natural gas costs could bring that amount down to $17 a month.
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
