Dive Summary:

• Georgia Power, a subsidiary of Southern Co., plans to file a request to reduce fuel rates it charges to produce electricity; the decision was made on the back of a summer without persistent high temperatures and continued sliding natural gas prices.
• The proposal calls for the rate reductions to take effect in January and will be submitted to the state’s Public Service Commission on November 1, from which the commission will have 30 days to review it.
• The exact figure that the utility intends to cut is still unknown, but Georgia Power already lowered their rates in June of this year by an average of about $8 a month.

From the article:

A summer without persistent sweltering temperatures, combined with sliding natural gas prices, means that customers of Georgia Power should see lower monthly bills starting in January.

The utility, a subsidiary of Southern Co., said Tuesday it plans to file a request to reduce the fuel rates it charges to produce electricity for Georgians statewide. ...