When PSC commissioner, Lauren McDonald, stated in his published letter (September 19) that Georgia Power profits are capped, what he should have explained is that there is a profit RATE limit, but no ceiling on the total profits accumulated by the company. That distinction is crucially important, especially for Georgia Power residential customers who have suffered 30% higher monthly bills over the past 18 months, yet it seems to have eluded the commissioner.
Letter to the editor: Georgia Power’s exploitative practices
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