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Georgia Power seeks to raise earnings
But regulators, consumers have concerns
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ATLANTA — Georgia Power wants to earn more off the investments its shareholders make in its electricity system, while regulators and consumer groups want to reduce those earnings as the country recovers slowly from a recession. The Southern Co. subsidiary has asked the Public Service Commission to raise its target return on the money supplied by investors to 11.5 percent from 11.15 percent. As a monopoly, Georgia Power's rates are set by state regulators.
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