Last week, the Alabama Public Service Commission (APSC) ruled that year-end financial results for the Alabama Power Company exceeded the rate of return range in 2022 by $62 million and ordered the utility to plan on issuing refunds to customers in August 2023. Now, the APSC predicts that the refunds will only amount to $23 for the average residential customer.
Alabama Power customers might be due for a refund next fall. On Tuesday, the Alabama Public Service Commission (APSC) ruled that year-end financial results for the Alabama Power Company exceeded the rate of return range in 2022 by $62 million.
Less than a week after NPR claimed to discover financial connections between a consulting firm representing two Southern power companies and several statewide media outlets, a further report claims there are ties between the same firm and a reporter with ABC News.
An investigation conducted by several reporters with NPR claims to have discovered financial connections between a consulting firm representing Alabama Power and several statewide media outlets, including Alabama Political Reporter and Yellowhammer.
The state will be sending almost $50 million to low-income households this winter and next summer to help with increasingly unmanageable utility costs.
Over 41% of Alabama households reduced basic expenses such as medicine or food to afford energy costs in the last 12 months, according to a recent LendingTree survey.
On Tuesday, Alabama Power announced a rate increase for customers starting in 2023.
Alabama Power President and CEO Mark Crosswhite announced Monday his retirement from the company at the end of 2022.
Alabama Power Company was the top donor to the political action committee (PAC) of incoming Speaker of the House Nathaniel Ledbetter (R-Rainsville) in 2022.
Alabama Power is raising its prices starting this December to combat rising fuel costs and increased demand.
Environmental groups are suing Alabama Power over the storing of coal ash on the banks of the Mobile River.
Alabama Power Company customers will see an increase in their power bills starting this month, which according to the utility, fuel costs are to blame for the increase.
An Alabama environmental group announced on Wednesday its intent to file a lawsuit against Alabama Power, in response to plans for coal ash on the banks of the Mobile River.
Alabama Power has announced that customers can expect to see an increase in energy costs in the month of August.
Gas prices continue to skyrocket, causing many to consider electric vehicles (EVs) as a viable alternative of transportation and leaving others to wonder if the state's power grid can handle the additional load.