Utility commission gives Georgia Power the OK for a 12% rate increase starting in June

ATLANTA (AP) — Electricity bills for Georgia Power Co. customers will rise 12% beginning in June after Georgia’s elected utility regulators on Tuesday approved the boost to make up for the higher cost of fuel. The five Republican commissioners voted unanimously to let Georgia Power collect an additional $6.6 billion from its 2.7 million customers over the next three years. A typical residential bill will rise to $147.50 a month, up $15.90 from the current $131.60. Commissioners adopted an agreement that regulatory staff members and the unit of Atlanta-based Southern...