Georgia Power Customers to Receive Second Credit on June Bills

Georgia Power customers will see another credit on this month’s electric bill.

This week Company officials announced the second of three credits associated with the Tax Cuts and Jobs Act of 2017 will be applied directly to Georgia Power customers’ bills.

The credits are a result of the reduction in Georgia Power’s federal corporate tax rate from 35% down to 21%.

Georgia Power customers will receive the credit based upon energy consumption from September 2018 through April 2019.

The typical residential customer using an average of 1,000 kilowatt-hours per month is expected to receive a credit of approximately $18 on their June Georgia Power bill.

The actual amount of the credit will vary based on a customer’s specific energy usage.

Kevin Kastner, vice president of customer service for Georgia Power said the Company is pleased to continue to pass along benefits to customers through these direct credits on Georgia Power bills.

The Tax Cuts and Jobs Act benefits were approved in March 2018 as part of an agreement with Georgia Public Service Commission (PSC) Staff.

In total, Georgia Power is providing three separate credits to customers that will total $330 million.

The first credit of $131 million was issued in October 2018, the second credit, totaling $96 million is being applied this month and the third credit of $103 million is scheduled for February 2020.

To learn more about Georgia Power’s commitment to safe, clean, reliable and affordable energy, visit www.GeorgiaPower.com.