Electricity costs for residential customers in Alabama are up about 10% this year, according to data released last week by the federal government.
According to the U.S. Energy Information Administration, Alabama’s average residential price for electricity per kilowatt hour through the first four months of 2023 is 14.69 cents, the second-highest in the Southeast United States behind only Florida.
That figure is up approximately 10% from 13.39 cents per kilowatt hour through the same time period last year.
Alabama Power issued four rate hikes in 2022, approved by the Alabama Public Service Commission.
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Alabama’s all sectors (residential, commercial, industrial, transportation) rate was 11.27 cents in the first four months of 2023, an increase of about 6% over the same time period in 2022 (10.63 cents).
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