Business Services Industry
Georgia Public Service Commission Staff Advocates Atlanta Gas Light Rate Hike.
Knight Ridder/Tribune Business News, March, 2002
By MATTHEW C. Quinn, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News
Mar. 30--Atlanta Gas Light Co. should be required to reduce rates by $42.1 million a year, or $2.08 a month for the average residential customer, the Georgia Public Service Commission staff said Friday.
The recommendation is an upward revision from the staff's previous advocacy of a $33 million rate cut, or $1.80 a month for the average customer.
The gas company has proposed a rate increase of $50.3 million, which would boost rates by $2.32 a month.
The main reason for the $9 million increase in the staff's recommendation is an outside consultant's findings on depreciation rates that figure how much the utility can charge ratepayers for...
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