Latest news with #GeorgiaPSC
Yahoo
22-05-2025
- Politics
- Yahoo
DeKalb County urges voter participation in upcoming Georgia PSC special primary election
The Brief DeKalb County residents are encouraged to participate in the special primary election for Georgia PSC Districts 2 and 3, with early voting starting May 27. Voters can choose between Democratic or Republican ballots, and all DeKalb voters will see both district races on their ballots. Early voting is available at ten locations, with six offering secure drop boxes for absentee ballots; absentee ballots can be requested until June 6. DECATUR, Ga. - DeKalb County officials are reminding residents to participate in the upcoming special primary election for Georgia Public Service Commission (PSC) Districts 2 and 3, with early voting set to begin next week. The backstory Early voting runs from May 27 through June 13, Monday through Friday, from 7 a.m. to 7 p.m. Weekend voting will also be available on Saturdays, May 31 and June 7, from 9 a.m. to 6 p.m., and Sundays, June 1 and June 8, from 12 p.m. to 5 p.m. Election Day is scheduled for June 17. Although PSC candidates qualify by district, the positions are statewide offices. That means all DeKalb voters will see both District 2 and District 3 races on their ballots, regardless of where they live in the county. The races are part of a partisan primary, so voters must select either a Democratic or Republican ballot to participate. "Our PSC plays an important role in our daily lives, and it's important for voters to remain engaged in each and every election," said Keisha Smith, Executive Director of DeKalb Voter Registration and Elections. "We want to remind voters to always make a plan to vote and to familiarize themselves with early voting and Election Day locations before heading out." DeKalb voters can cast their ballots early at one of ten locations, six of which offer secure drop boxes for hand-delivering absentee ballots. The first day absentee ballots will be issued is May 26, and voters have until June 6 to request one. Big picture view (*Drop box available at these locations) Berean Christian Church* – 2201 Young Road, Stone Mountain Bessie Branham Recreation Center – 2051 Delano Drive NE, Atlanta DeKalb Voter Registration & Elections Office* – 4380 Memorial Drive, Decatur Dunwoody Library* – 5339 Chamblee Dunwoody Road, Dunwoody Emory University – 1599 Clifton Road, Atlanta New Bethel AMEC – 8350 Rockbridge Road SW, Lithonia New Life Community Alliance* – 3592 Flat Shoals Road, Decatur North DeKalb Senior Center* – 3393 Malone Drive, Chamblee Salem-Panola Library – 5137 Salem Road, Lithonia Tucker-Reid H. Cofer Library* – 5234 Lavista Road, Tucker What you can do For more information, including sample ballots and polling changes, voters can visit or call 404-298-4020. The Source The details in this article were provided by the DeKalb County government.
Yahoo
20-05-2025
- Business
- Yahoo
SO Reaches a Settlement for Extension of Rate Plan Through 2028
The Southern Company SO, via one of its affiliates, Georgia Power Company, recently announced a proposed settlement with the Georgia Public Service Commission (PSC) Public Interest Advocacy Staff. The agreement recommends extending the current alternate rate plan through Dec. 31, 2028, maintaining rate stability for Georgia Power customers for three additional years. This settlement is still pending approval from the Georgia PSC, with a final decision expected by July 1, 2025. If rejected, Georgia Power must proceed with a full base rate case filing by that date. Under the proposed agreement, retail base rates would remain unchanged from those set for 2023-2025 throughout the extension period. The only exception is for reasonable and prudent storm damage costs incurred by the end of 2025. These costs, along with key modifications under the Settlement Agreement, will be addressed separately in a filing expected between Feb. 1 and July 1, 2026. The Georgia PSC will determine how and over what period those costs will be recovered. The company expects its retail return on equity (ROE) to be at 10.50%, with an equity ratio of 56% within the previously approved range of 9.50% to 11.90%. As part of the settlement, the amortization of regulatory assets and liabilities will continue, including those projected to be completed by 2025. Additionally, investment and production tax credits will follow specific deferral and amortization strategies. The depreciation period for certain generating plants will shift to 13 years starting Jan. 1, 2026. The agreement also includes an earnings-sharing mechanism: if Georgia Power's earnings exceed the approved ROE range, the excess will be split — 40% to regulatory assets, 40% refunded to customers and 20% retained by the company. To safeguard financial stability, Georgia Power may seek an Interim Cost Recovery (ICR) tariff if its earnings dip below the approved ROE range. The ICR, if filed, would be temporary, expiring by Jan. 1, 2029, or earlier, depending on its effective date. Alternatively, Georgia Power may file a full base rate case by July 1, 2028. The Southern Company deals with the generation, transmission and distribution of electricity and serves approximately 9 million customers through its seven electric and natural gas distribution units. Currently, SO has a Zacks Rank #3 (Hold). Investors interested in the utility sector might look at some better-ranked stocks like EDP, S.A. EDPFY, Engie SA ENGIY and Avista Corporation AVA. While EDP and Engie currently sport a Zacks Rank #1 (Strong Buy) each, Avista carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. EDP ranks among Europe's major electricity operators, as well as being one of Portugal's largest business groups. ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear and Others segments. The Zacks Consensus Estimate for ENGIY's 2025 earnings indicates 19.55% year-over-year growth. Avista Corp is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. The Zacks Consensus Estimate for AVA's 2025 earnings indicates 13.97% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southern Company (The) (SO) : Free Stock Analysis Report Energias de Portugal (EDPFY) : Free Stock Analysis Report Avista Corporation (AVA) : Free Stock Analysis Report ENGIE - Sponsored ADR (ENGIY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
