State regulators began hearings Tuesday on Georgia Power Co.’s request to raise rates by 12% over the next three years, setting up clashes over how much profit the utility should earn, how much solar panel owners should be paid and how rates should be structured.
The five elected members of the Georgia Public Service Commission are scheduled to decide in December on the company’s request to collect a cumulative $2.9 billion more from its 2.7 million customers beginning in January. Changes are likely before any vote.
The company says it needs more money to improve the grid, retire old coal plants, acquire electricity from new sources and upgrade customer-facing computer systems.
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