Lower rates approval to give Georgia Power customers $50 in savings a year
ATLANTA, Ga. (Atlanta News First) — The Georgia Public Service Commission (PSC) approved lower rates for Georgia Power customers.
The lower rates, which begin in June, will give around $50 in savings a year for the typical residential customer who uses an average of 1,000 kilowatt-hours a month, according to Georgia Power. The utility company said that will be roughly $4 a month in savings.
In total annual savings, Georgia Power customers will save $285 million.
“Today’s vote by the Georgia PSC will bring lower rates and real savings for Georgia families and businesses as the heat of summer begins and energy use increases, which can lead to higher bills,” said Tyler Cook, Georgia Power CFO and treasurer. “At Georgia Power, our teams work every day to run our business efficiently and keep reliable and affordable energy flowing to our customers. We appreciate today’s approval by the Georgia PSC of this plan, following months of hard work by our teams and Georgia PSC staff, robust review and open hearings, as well as engagement by members of the public and intervenors.”
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