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> fact that this plant coming online will raise the rates for Georgia electricity Do you have some links? All I could find was [1], where it says the rates wi
by credit_guy 4y ago
> fact that this plant coming online will raise the rates for Georgia electricity
Do you have some links?
All I could find was [1], where it says the rates will be raised by 2.6% in 2023 and 4.5% in the next two years, which is not unreasonable given the current inflation rate. The justification for the increase does not mention Vogtle at all, instead it mentions strengthening the grid, investments in renewables, improving costumer experience, enhancing operations.
[1] https://www.georgiapower.com/company/news-center/2022-articles/georgia-power-service-commission-approves-georgia-powers-amended-2022-rate-request.html https://www.georgiapower.com/company/news-center/2022-articl...
- magicalist 4y agoThe article mentions > Georgia Power’s 2.7 million customers are already paying part of the financing cost, and state regulators have approved a monthly rate increase of $3.78 a month as soon as the third unit begins generating power. The elected Georgia Public Service Commission will decide later who pays for the remainder of the costs.
- themitigating 4y agoThree dollars and seventy eight cents?!?!?!
- fnordpiglet 4y agoIt’s in the originally posted article. “Georgia Power’s 2.7 million customers are already paying part of the financing cost, and state regulators have approved a monthly rate increase of $3.78 a month as soon as the third unit begins generating power. The elected Georgia Public Service Commission will decide later who pays for the remainder of the costs.”