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Georgia Natural Gas agreed to give 25 dollar credits to long-time variable rate customers, but its total payments will not exceed 2. 5 million.
Two retailers were involved in the dispute—the other, SCANA. SCANA rejected the settlement. The Public Service Commission voted yesterday to formally investigate the company’s variable rates.
Both companies denied wrong-doing by starting cheaper variable rate plans to attract new customers. The long-time customers stayed on their plans unless they asked to be switched.