Georgia Power residential prices among the lowest in the nation

Georgia Power residential prices continue to rank among the lowest in the nation, according to a quarterly survey comparing residential electric prices of utilities.

The quarterly survey by the Jacksonville (Fla.) Electric Authority shows Georgia Power’s residential charge during January 1999 for 1,000 kilowatt-hours of electricity was $63.73 excluding taxes. This price is lower than 55 of the 60 utilities surveyed.

The Jacksonville survey includes prices of investor-owned utilities such as Georgia Power, as well as government-operated systems and rural electric cooperatives across the nation.

Georgia Power is the largest subsidiary of Southern Company, the nation’s largest generator of electricity. The company is an investor-owned, tax-paying utility, serving customers in 57,000 of the state’s 59,000 square miles. Georgia Power’s rates are more than 20 percent below the national average, and its 1.8 million customers are in all but six of Georgia’s 159 counties.

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