The Georgia Public Service Commission signed off on a deal the Tuesday before Christmas to allow Georgia Power to increase its rates over the next three years.
With the approval, Georgia Power plans to increase rates for its 2.7 million customers by roughly $1.8 billion over three years. The increase is down from an initial request of about $2.9 billion.
Pennsylvanians’ electric bills rose by an average of nearly three-quarters over the last two years and policymakers have only made the problem worse, according to the Harrisburg-based Commonwealth Foundation (CF).
State residents served by Pennsylvania Power and Light (PPL) have seen their rates go up by just over half since December 2020. Customers of the Philadelphia Electric Company (PECO) have meanwhile experienced a doubling of their power costs during that time. All other providers have also risen their rates considerably.
Connecticut lawmakers are calling for regional public hearings over a proposal by one of the state’s largest utilities to dramatically hike electricity rates.
In a letter to the state Public Utility Regulatory Authority, a group of 20 state senators wrote that they are “profoundly disturbed” by Eversource’s proposed rate increase, and called for hearings on the “exorbitant and punishing” rate increase.