06/98: Georgia Power submitted a 3-year plan to reduce rates by about $300 million. Georgia Power advocated a slow approach to restructuring.
06/98: Georgia Power estimated that stranded costs would be between $1 and $3 billion. They felt that beginning to pay these stranded costs down would be a good idea due to eventual competition.
1/98: PSC issued a Staff Report on Electric Industry Restructuring. Recommendations include market-based rates, unbundled services, and stranded cost recovery. A docket has been established for comments from stakeholders. A slow approach to restruturing was recommended.
4/97 - 7/97: Public workshops were held to address the issues related to restructuring. The results of the public hearings were incorporated in the Staff Report issued 12/97.