Georgia Power seeks $235M boost to pay for nuclear plant

ATLANTA (AP) — Georgia Power Co. is asking regulators to let it raise annual rates on customers by $235 million a year as the utility seeks to pay for its share of a huge nuclear project. The company says bills for a residential customer would rise about $4 a month. The unit of Atlanta-based Southern Co. filed the request Tuesday with the Georgia Public Service Commission. The commission is scheduled to vote on the request by November. Georgia Power projects spending $11.8 billion on its share of two nuclear reactors at Plant Vogtle near Augusta. The Public Service Commission staff says Georgia Power should get less than it's seeking.

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