Georgia Power filed a request with the Georgia Public Service Commission (PSC) to increase customer rates by approximately 7% in 2020 to enable the company to continue making investments in Georgia’s energy future.
In the filing, the company highlighted nearly $18 billion in recent and future investments that are made to strengthen the reliability and resiliency of the state’s electrical system and to comply with federal regulations, Georgia Power stated in the press release.
Since 2013, Georgia Power has invested more than $4.1 billion in expanding transmission and distribution infrastructure, replacing aging transmission assets and strengthening the reliability and resiliency of the electric grid, and plans to invest an additional $1.3 billion in a grid investment plan over the next three years.
This plan includes rebuilding 380 substations to continue strengthening transmission and distribution infrastructure.
Source: Georgia Power