Wednesday, May 21, 2014

Rip-off

You might ask why we go to all the trouble to add so many energy efficient products to the house. Well, when you are beholden to Georgia Power for your electrical service you've got to cut costs wherever you can because they certainly won't.

With the Nuclear Construction Cost Recovery fee that the Public Service Commision allowed we are pre-paying for Southern Company's new nuclear plants at Vogtle.

So our bills are up 6.5%, there are already cost overruns with the construction and we will certainly shoulder any additional costs in the future. The fee percentage goes up each year, so our bills will be higher again next year.

I thought more supply meant lower prices...


No comments:

Post a Comment