Electricity projected to skyrocket in Georgia under carbon law

“Unless [the Waxman-Markey] legislation is modified and revised, Georgians could see their electric utility bills go up by as much as $66/month by 2020,” Georgia Public Service Commission Chairman Doug Everett told Restructuring Today.

This would amount to about a 70% increase in average monthly residential electricity bills for Georgia Power customers, based on data from the Georgia Environmental Facilities Authority.