Regulators approve 6% rate increase for Georgia Power customers - WJCL News Savannah

Regulators approve 6% rate increase for Georgia Power customers

The rate increase will help pay for Georgia Power's new nuclear reactors.

Regulators have unanimously approved an additional 6% rate increase to pay for remaining costs at Georgia Power Co.’s Plant Vogtle.

The rate increase approved Tuesday is projected to add $8.95 a month to a typical residential customer’s current monthly bill of $157.

It would take effect in the first month after Vogtle’s Unit 4 begins commercial operation, projected to be sometime in March.

A $5.42 rate increase already took effect when Unit 3 began operating over the summer.

The Georgia Public Service Commission's vote was the final accounting for Georgia Power’s portion of the project to build a third and fourth reactor at the site southeast of Augusta.