Georgia Power customers can expect to see a lower bill in February.
As WABE’s Pat St.Claire reports, that’s because the utility is passing along income tax savings to customers in the form of bill credits.
Georgia Power says this month it will apply the third of three bill credits from tax savings from the 2017 federal tax cut. That cut reduced the utility company’s tax rate from 35% down to 21%.
With the credit on February bills, Georgia Power says it will have provided customers credits totaling $330 million.
The credit will be applied directly to customers’ bills based on energy consumption.
Georgia Power says a typical customer who uses an average of 1,000 kilowatt-hours each month would see a credit of about $22.
To learn more about Georgia Power’s affordable energy plan, visit www.GeorgiaPower.com.