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State regulators approve $1.8B Georgia Power rate increase
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 — The Georgia Public Service Commission approved a $1.8 billion Georgia Power Co. rate increase Tuesday, raising rates by 12% over three years after tweaking an agreement between the company and commission staff to give the company more of what it wanted.
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