State regulators forced Georgia Power on Thursday to expand the amount of solar energy it generates, putting the company on the rare losing side of a political battle. But the vote was just a skirmish compared with bigger battles ahead for the powerful utility. It faces a double-whammy of upcoming votes before the Public Service Commission on approving new costs for its nuclear expansion project and a proposed 6 percent rate hike to fund new equipment. And a legislative fight looms over a proposal to create a new solar monopoly that could challenge Georgia Power’s grip on state utilities. The all-Republican commission’s 3-2 vote was a significant defeat for the Atlanta-based company, which...
↧
