Thread by @BizWriterKristi

Meant to Tweet out this link yesterday - re: @wabenews convo on #gapsc rate case. Public comment is taking place now

wabe.org/hearings-on-ge…

@wabenews rate cases are the nature of the beast. They are part of the structure of rate-regulated eelctric companies.
Nationwide, electric companies are going through a significantly capital-intensive time as they transition away from fossil fuels. Customers pay for that via higher rates

@wabenews Compounding the situation is: higher natural gas prices, which is leading many electric cos to ask and re-ask to recoup more from customers to cover fuel costs. The utilities don't profit from fuel; but it's an additional charge all the same

@wabenews and, the nation is coming off of a hot, humid summer, where residents were running their a/cs all the time. Probably more for those who live in older, inefficient homes.
On top of that: inflation, supply chain constraints and higher commodity prices play a role in higher bills

@wabenews this clean energy transition costs money; not doing it also costs money.

It costs money to strengthen the grid to withstand mother nature; and not doing so means rebuilding the grid all of the time, which also costs money

@wabenews Georgia Power's CEO answering questions from state utility regulators now

@chriscwomack is more out front in the community than some of his predecessors, based upon recent appearances and other recent announcements

@wabenews @chriscwomack regulators always driving home the point that certain policies are 'mandates' from the federal and/or state government and not them.

also the rate vs. bill argument came up again.

in other words, the, "it's not our fault" discussion.

#gapol #gapsc