Georgia Power customers may see a rate increase due to the historic damage caused by Hurricane Helene. The company says the storm damage has exceeded $1 billion, wiping out its storm recovery account.
Georgia Power plans to ask state utility regulators to adjust its storm recovery account as part of its 2025 base rate case to recover those costs.
Any rate increase would have to be approved by the elected Public Service Commission. If approved, it would come on the heels of rate hikes the PSC approved to cover cost overruns at Plant Vogtle.
Georgia Power says Hurricane Helene was the most destructive storm in the company’s history, requiring unprecedented repairs to downed power lines and damaged infrastructure. The utility mobilized crews to restore power to more than one million customers following the storm.
This article comes to Now Habersham in partnership with GPB News
