Georgia utility regulator Stan Wise to seek another term

Veteran Georgia utility regulator Stan Wise said Tuesday he would seek a third term with the state Public Service Commission.

In a letter posted on his website, Wise said his re-election is "vital" to "continue the strong fiscal management that has kept our rates below the national average and our utilities healthy." He supported a measure that would  encourage private companies to build natural gas fueling stations in Georgia and is against environmental regulations such as cap-and-trade.

Consumer advocates have criticized him for voting to allow Georgia Power to charge customers for the construction costs of the Plant Vogtle expansion in east Georgia. Wise, a former Cobb County commissioner and insurance salesman, was first elected to the PSC in 1994. Commissioners serve six years and earn $116,452 annually.

PSC member Chuck Eaton also has said he will seek another term in 2012.