May 17, 2005
Atlanta-- The Public Service Commission approved a rate increase that will add an extra $6.39 per month on the average electric bill.
The rate hike totals $475 million to cover the rising costs of coal, natural gas and nuclear fuel. The charges will be reflected on power bills starting June first-- on top of a seasonal increase that begins the same day.
The increase approved Tuesday follows a four percent -- or three dollars per month jump in average residential electric bills approved by the PSC in January.
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