Power Breakfast: AGL rates to rise, Atlanta unemployment falls, nonprofit donations down, governor’s race, Wells Fargo

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.

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3 comments Add your comment

Sandra

October 28th, 2010
8:01 am

Another major win for AGL and another loss for consumers. Do you think the PSC (that’s a joke for a name by the way…they don’t serve the public!) are getting kickback’s from AGL? They certainly don’t support consumers in any way, shape, or form.

TnGelding

October 28th, 2010
9:21 am

Why don’t they just fire the staff and save a little money? I’m beginning to think we’re going to have to take over the utility companies. But then, I’ve always seen the benefits of communism.

Who is Henry Unger

October 30th, 2010
8:35 pm

The average Georgian “puts up with it” because we hope it does continue. Georgia has the first nuclear plant going into service in 30 years, we are about to have natural gas infrastructure that is second to none, electric rates well below the national average, and natural gas rates below the southeast average. If you want to get rolling blackouts, NIMBYs who block transmission facilities, and rates that are high because investment or recovery was deferred, move to the northeast or out west where that is prevalent. Here in Georgia, thankfully, we have conservatives running the PSC.