GRA Wins for Independent Restaurants in Georgia Power Electrical Rate Vote
Every three years, Georgia Power Co. presents its case for deciding power rates for residents, large commercial businesses and other businesses, including restaurants. During the first week of November, the PSC heard testimonies from various groups, private citizens and government entities on how an increase would affect them. On Tuesday, the Georgia Public Service Commission (PSC) adopted proposed power rates.
“This is the first time that the Georgia Restaurant Association (GRA) has engaged a Georgia Power electricity rate case, and it went much better than expected,” said GRA CEO Karen Bremer, who also noted that most industry groups wait years to get relief in the regulatory process.
Bremer commended Chairman Lauren “Bubba” McDonald and the Public Service Commissioners for considering the GRA’s cause. “All of the commissioners have been very accessible, and we greatly appreciate their support. Chairman McDonald led the charge and created equal treatment between the independents and chains, which is good for the entire industry.”
Restaurants will also benefit from the PSC’s move towards creating equal treatment of all rate payers by limiting restaurant increases to eighty-five percent of the overall increase. “Electrical bills are one the largest cost centers for restaurants. This move will save our members real dollars,” said Bremer. “Between the reduction in the overall increase and access to the lower rates by independents, restaurants will save millions of dollars.”
Once the new rules are implemented, the GRA will embark on an education program to expand access to the lower rate.