4:43 am October 28, 2010, by Henry Unger
The Georgia Public Service Commission hiked Atlanta Gas Light’s rates by roughly $26 million Wednesday, despite a recommendation from its staff that the gas pipeline company’s rates should be cut, AJC reporter Margaret Newkirk writes.
The increase is about half of what the company had originally requested and will raise the typical residential customer’s bill by about $1.14 a month, Newkirk reports.
The commission approved the increase by a 4-1 vote, with Commissioner Robert Baker voting against.
Baker said the proposal included two changes in the rules governing AGL that will hurt its customers over time, Newkirk writes.
One overcharges customers for depreciation, according to Baker. The other allows the company to sweep costs from an unregulated AGL side business into gas rates, he said.
Also in the AJC:
In other media:
For instant updates, follow me on Twitter.
Get inside Atlanta's and national business news and how it affects you.
Vacation stops, manage subscriptions and more