Georgia

Ga. Power rates likely to go up

ATLANTA — Georgia Power will be asking for a significant rate increase this summer, The Atlanta Journal-Constitution reported.

The newspaper reported that the figure of $800 million was mentioned in a staff memo to the state Public Service Commission that came up at a meeting Thursday.

The company declined to disclose the size of the request, which it plans to make July 1.

Georgia Power spokesman Jeff Wilson said the company will be trying to recover the costs of building new infrastructure, including environmental controls for older plants.

The company was granted rate increases in 2004 and 2007.

A six-month review would follow the company’s request, and any increase would take effect in January.

  Comments