Georgia Power agrees to cut rate hike request

ATLANTA - Georgia Power officials signed off Dec. 14, on an agreement that would lower the utility’s rate hike request now before the state Public Service Commission (PSC) by nearly 40 percent. The company, the PSC’s Public Interest Advocacy Staff, and intervenors in the rate case agreed on a rate hike that would raise $1.8 billion from Georgia Power customers during the next thre...