Georgia Power’s Fuel Rate Changes Expected to Reduce Annual Billings by $329 Million

Georgia Power Company seeks to reduce fuel rates by about 16 percent, driven primarily by projected decreases in natural gas prices, according to a March 9 filing with the Georgia Public Service Commission.  The change would lower monthly residential bills by 4 percent or $5 for a customer using 1,000 kilowatt-hours per month, beginning June...

IPL Wins Indiana Approval to Implement $1.2 Billion Grid Modernization Plan

The Indiana Utility Regulatory Commission on March 4 approved Indianapolis Power & Light Company’s seven-year grid modernization plan, which proposes an investment of $1.2 billion to replace or upgrade the company’s aging transmission and distribution system assets. The plan will provide new technology, equipment, and systems including a self-healing grid that allows the company to...