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Wednesday, February 11, 2009

Georgia Senate SB 31 Update

The amendment consumer groups wanted letting poor seniors opt out has just hit.

For those keeping score, on line 31, before the period, add "Provided, however, that the income qualification for such assistance shall be 200 percent of the federal poverty level."

Adelman finishes as the string music still flutters in the air. Ends by saying: This breaks from 100 years of regulatory policy here in Georgia.

Sen. Orrock asks what the timetable for the PSC is. (GP is pushing this in the PSC as well.)

Adleman isn't sure.

Q: Is there a carve out for big business?

Adleman begins by explaining diffrernces in rate structures. Then says: My understanding is this applies to base rate customers, and those tend to be individual rate payers.

Q: Is it true it will only cost a buck thirty? (Advocates say that will be the average cost.)

Adleman: I don't think we can know.

Q: Will it save people money?

Adleman: I don't know. If you're unsure of it, vote no. That's why we have the PSC.

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