Georgia Power, PSC Agree to Bigger Fuel-cost Reduction
Thursday, December 3rd, 2015
Georgia Power customers will pay 14 percent less for the fuel portion of their electricity bills starting next month thanks to an agreement announced Monday by the company and regulators.
The company had notified the Public Service Commission in September that declining natural-gas prices justified an 11 percent reduction in the fuel portion. It was revised in Monday’s announcement because forecasts showed further price decreases.
