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Georgia Power deal sets $1.8B rate increase over 3 years
Georgia Power Co.'s Plant Bowen releases steam as it generates electricity from burning coal on Monday, Dec. 14, 2020, in Euharlee, Ga. The electric utility and regulatory staff agreed to a deal on Wednesday, Dec. 14, 2022 to raise rates by $1.8 billion o
Georgia Power Co.'s Plant Bowen releases steam as it generates electricity from burning coal on Monday, Dec. 14, 2020, in Euharlee, Ga. The electric utility and regulatory staff agreed to a deal on Wednesday, Dec. 14, 2022 to raise rates by $1.8 billion over three years starting in January. - photo by Associated Press
ATLANTA — Georgia Power Co. and regulatory staff reached an agreement Wednesday that would give the company a nearly $1.8 billion rate increase over three years — if Georgia's five elected public service commissioners approve.
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