GA Power Customers To See 12% Rate Hike In Electricity Bills: Reports

ATLANTA, GA — Georgia Power customers will see a 12 percent rate hike in their utility bills, starting June 1, after the Public Service Commission unanimously voted Tuesday to allow the increase, according to media reports.

The Associated Press reported the hike is an effort to match the higher cost of fuel.

"The five Republican commissioners voted unanimously to let Georgia Power collect an additional $6.6 billion from its 2.7 million customers over the next three years," the AP reported.

An average Georgia Power monthly bill will soon rise by about $16 as the summer months approach, according to The Atlanta Journal-Constitution. The AJC reported the new rate along with the anticipated use of air conditioning units will cause a surge in electricity bills.

Georgia Power released the following statement Tuesday.

"Just as Georgians paid higher prices at the gas pump in 2022, Georgia Power also paid more for the natural gas and other fuels we use to generate electricity, and the company does not earn any profit from these fuel costs. Today’s decision by the Georgia PSC helps spread out these additional fuel costs over three years and adds relief for income-qualified senior citizens through an increased discount program. At Georgia Power, we understand that energy costs are an important part of every family’s and business’ budget and that's why we will continue to work every day to run our business efficiently, keep rates as affordable as possible and proactively take measures to protect customers from rising costs," a company statement read.

The AJC reported the PSC took less than five minutes to vote in an expected outcome.