Georgia Power is raising rates
in January, despite its recent announcement that it would lower
rates because of lower fuel bills.
Mostly the new nukes and for a new natural gas plant.
And 16% of the rise is for energy efficiency.
Does that seem like the right proportion to you?
Kristi Swartz wrote for the AJC 1 Nov 2012,
Georgia Power bills to increase,
The average Georgia Power bill will increase about 44 cents a month
starting in January, not decrease as many might have expected when
the company announced last month its fuel costs had dropped.
The utility, which serves 2.4 million customers, notified state
regulators in October that it would be applying for a residential
rate reduction because the amount it pays for fuel has fallen 7
percent, saving $122 million. The utility cannot profit from lower
fuel costs and must pass those savings on to customers.
So why are customer rates going up?
About $1.05 of the typical residential bill will go toward paying
for a new natural gas unit at Plant McDonough-Atkinson in Smyrna.
That increase already was approved as part of a three-tiered rate
hike set in 2010.
Yep, that’s that
set-in-2010 and keep-rising-’till-2013 natural gas
that Georgia Power got away with while complaining about
any potential solar subsidies.
AJC complained would be “on autopilot”: