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Wednesday, January 28, 2009

Electricity Rates Under Review

Backers of a bill that would boost electric bills for Georgia Power customers say it will actually save consumers money over the long haul. The legislation would allow Georgia Power to begin collecting interest early for the construction of two new nuclear reactors at Plant Vogtle near Augusta years before the construction is completed. It would add an average of $1.30 a month onto customer's bills beginning in 2011. Consumer groups are expected to speak up against the bill.

(Associated Press)

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