Public Service Commission Renews Rate
Late December 2022, the Public Service Renewed the Time of Use – Food and Drink rate for another three years, giving the restaurant industry a win even before the new legislative session starts. The rate was initially approved in 2019 after the GRA brought forward a rate case to increase the number of restaurants included in this special rate, one that was previously only available to large chains. If you would like more information about the rate and how to enroll, please contact Scott Bierman.
The Time to Save on Electricity Costs is NOW!
The Georgia Restaurant Association fought hard for restaurants to have access to a rate that was previously only available to large, multi-unit chains. If you are a restaurant that uses Georgia Power, identifies as 722 in NAICS, and meet the actual peak demand requirement of not less than 30 kW, then you should reach out and ask about switching to the TOU-FD. We have heard testimonies from independent restaurants from across the state reporting an average savings of 10%-15% on their power bill.
You may contact Georgia Power’s Business Solutions Center directly at 1-888-655-5888. If you have any questions, you can contact us and we are happy to assist to the best of our ability or connect you with a trusted partner.
Background: Every 3 years, the Georgia Public Service Commission (PSC) holds hearings regarding the electricity rates suggested by Georgia Power. In 2019, the Georgia Restaurant Association (GRA) filed a rate case with the PSC against Georgia Power. There are over 80 different electricity rates. Restaurants and other medium businesses pay more for a unit of electricity than residential consumers and large manufacturers. Prior to 2020, large chains and franchises paid less for a unit of electricity than an independent restaurateur. The GRA successfully petitioned opened 3,000 slots for any restaurant filed as 722 of the NAICS to have access to the lower rate. The new rate is called Time of Use Food and Drink (TOU-FD).