From: Georgia Power
- The Georgia Public Service Commission voted Dec. 21 to approve a plan that will increase Georgia Power's base rates about 10 percent for residential customers and 7 to 8.7 percent for business customers beginning Jan. 1, 2011.
- The typical residential customer using 1,000 kilowatt-hours of electricity a month will see an increase of approximately $10.76 per month in 2011, approximately $3.08 per month in 2012, and approximately $1.48 per month in 2013.
- The base rate increases will help the company pay for almost $5 billion of investments incurred over the last three years for new technology to improve reliability, cleaner natural gas generation and new environmental controls to reduce emissions at our power plants.
- A large portion of this increase is for environmental controls that are being installed on our coal plants around the state to reduce emissions and comply with state and federal environmental requirements.
- In addition to the base rate increase, the typical residential customer will pay an additional $3.73 a month beginning in January to help the company recover financing costs associated with building two new nuclear generating units at Plant Vogtle.
- Georgia Power's retail rates, as of December 2009, were about 7 percent below the Southeast average and 14 percent below the national average. Even with the approved base rate increase, Georgia Power customers will still be paying rates below the national average.
There are a number of ways customers can seek assistance paying their power bill: