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Georgia Power seeks $912M recovery from Hurricane Helene costs and a 1% rate cut for customers.
Georgia Power has requested approval to recover nearly $912 million in storm-related repair costs from Hurricane Helene, while also proposing a 1% overall rate decrease for customers.
The reduction, expected to save the typical residential customer about $1.32 per month, would result from locking in lower fuel prices to offset storm costs.
The utility must receive regulatory approval for the rate change.
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Georgia Power busca la recuperación de 912 millones de dólares de los costos del huracán Helene y un recorte del 1% en las tarifas para los clientes.