Georgia Power's Profits: A Deep Dive
Savannah News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New report reveals Georgia Powers profits accounted for nearly twenty-three percent of customers bills last year, ranking high among big utilities. Georgia Power disputes the findings, but EPIs Daniel Tait counters that adjusting revenue would increase the profit percentage. In 2022, Georgia Power hit a thirteen point six nine percent return on equity, pocketing excess profits while refunding a portion to customers. This episode sheds light on utility bill increases and the true impact of regulated returns on everyday consumers.
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