Georgia Power’s Rate Hike to Increase Monthly Bills in January, Despite Parent Company’s Soaring Profits

Georgia residents will face higher power bills in January as Georgia Power raises its rates by 3.5%. The average user, who consumes around 1,000 kilowatt hours per month, will see an increase of $5.85. The rate hike is expected to generate $306 million in revenue. The Georgia Public Service Commission emphasized the importance of funding to maintain grid stability, with Commissioner Tim Echols stating, “No one wants a rate increase, but in order to keep the grid going, we have to fund it,” in an Atlanta News First report.

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