If the request is approved, the typical residential customer using 1,000kWh per month will see an increase of about 10.1%, or $10.88. For business customers, the average increase will range from about 7.7% to 10.3%. The proposed change in rates is expected to be effective from January 1, 2011.
Additional increases, if approved, will become effective in subsequent years through existing and newly proposed cost-recovery mechanisms outlined in the filing, the company said.
Ann Daiss, vice president, comptroller and chief accounting officer of Georgia Power, said: “Georgia is the fourth-fastest growing state in the nation, and we have invested billions of dollars to serve that growth. We must continue to invest in our infrastructure to maintain the reliable, affordable electricity and high level of customer satisfaction that our customers deserve and expect.”
