PSC ruling to reduce rates

The state Public Service Commission (PSC) kept Georgia on a growth track this week by approving a massive energy acquisition for Georgia Power.  The IRP update, as it is called, was required because of massive data center and manufacturing growth.  Overseas wars, inflation and especially high interest rates have impacted virtually all states, yet the PSC decision is projected to reduce rates an average of $2.89 per typical residential customer per month. Because the five-member utility-regulating panel also insisted that new, large energy users bear the burden for this unprecedented acquisition, the PSC is RISING…