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1 day agoGeorgia Power proposes $450 million rate hike amid rising costs
Georgia Power has requested a $450 million rate hike, equal to an 8% increase for 2.7 million customers, adding around $8 to monthly bills. The proposal comes as the utility reported Q3 revenue of $3.2 billion and net income of $512 million. PSC staff has raised concerns over cost recovery and consumer impact during regulatory review.
Companies:
- Georgia Power
Tags:
- Georgia Power
- utilities
Explore:High Return Equity Mutual Fund
neutral
1 day agoGeorgia Power proposes $450 million rate hike amid rising costs
Georgia Power has requested a $450 million rate hike, equal to an 8% increase for 2.7 million customers, adding around $8 to monthly bills. The proposal comes as the utility reported Q3 revenue of $3.2 billion and net income of $512 million. PSC staff has raised concerns over cost recovery and consumer impact during regulatory review.
Companies:
- Georgia Power
Tags:
- Georgia Power
- utilities
Explore:High Return Equity Mutual Fund
1 min read
56 words
Georgia Power seeks a $450 million rate hike as regulators question cost recovery, with bills rising $8 monthly for 2.7 million customers.
Georgia Power has requested a $450 million rate hike, equal to an 8% increase for 2.7 million customers, adding around $8 to monthly bills. The proposal comes as the utility reported Q3 revenue of $3.2 billion and net income of $512 million. PSC staff has raised concerns over cost recovery and consumer impact during regulatory review.
Georgia Power has requested a $450 million rate hike, equal to an 8% increase for 2.7 million customers, adding around $8 to monthly bills. The proposal comes as the utility reported Q3 revenue of $3.2 billion and net income of $512 million. PSC staff has raised concerns over cost recovery and consumer impact during regulatory review.
Companies:
- Georgia Power
Tags:
- Georgia Power
- utilities
- Georgia Power
- utilities
- rate hike
- regulation
- energy
Dec 1, 2025 • 17:00