PSC gives 2nd look to Alabama Power increase - WSFA.com Montgomery Alabama news.

PSC gives 2nd look to Alabama Power increase

MONTGOMERY, Ala. (AP) - The rate increase that the Public Service Commission approved for Alabama Power Co. last year is getting a second look. And it might get reduced.

The PSC has scheduled a review during its monthly meeting Tuesday. The PSC agreed in October to raise rates more than 13 percent for most residential customers. The increase was primarily to help the power company cope with higher costs for coal and natural gas.

Alabama Power spokesman Pat Wylie said Monday the utility has reported to the commission that fuel costs have come down since then and inexpensive hydroelectric production has gone up due to more rain. Alabama Power is the largest electric utility in the state. The second largest, the Tennessee Valley Authority, raised rates 20 percent last year, but it has now rolled back most of that increase.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

  • NewsMore>>

  • AP Explains: What is net neutrality and why does it matter?

    AP Explains: What is net neutrality and why does it matter?

    Thursday, December 14 2017 12:24 AM EST2017-12-14 05:24:37 GMT
    Thursday, December 14 2017 10:16 AM EST2017-12-14 15:16:15 GMT

    "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.

    More >>

    "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.

    More >>
  • Disney buying large part of 21st Century Fox in $52.4B deal

    Disney buying large part of 21st Century Fox in $52.4B deal

    Thursday, December 14 2017 7:24 AM EST2017-12-14 12:24:47 GMT
    Thursday, December 14 2017 10:14 AM EST2017-12-14 15:14:56 GMT

    Disney is buying a big chunk of the Murdoch family's 21st Century Fox in $52.4 billion deal, gaining U.S. cable channels and a major film studio and growing overseas as it tries to meet competition from technology...

    More >>

    Disney is buying a big chunk of the Murdoch family's 21st Century Fox in $52.4 billion deal, gaining U.S. cable channels and a major film studio and growing overseas as it tries to meet competition from technology companies.

    More >>
  • Report: 3 women accuse music mogul Russell Simmons of rape

    Report: 3 women accuse music mogul Russell Simmons of rape

    Wednesday, December 13 2017 7:14 PM EST2017-12-14 00:14:28 GMT
    Thursday, December 14 2017 10:06 AM EST2017-12-14 15:06:13 GMT
    Russell Simmons arrives at Universal Music Group's 2017 Grammy After Party at The Theatre at Ace Hotel on Sunday, Feb. 12, 2017, in Los Angeles. (Photo by Jordan Strauss/Invision for UMG/AP Images)Russell Simmons arrives at Universal Music Group's 2017 Grammy After Party at The Theatre at Ace Hotel on Sunday, Feb. 12, 2017, in Los Angeles. (Photo by Jordan Strauss/Invision for UMG/AP Images)

    Three women have told the New York Times that music mogul Russell Simmons raped them.

    More >>

    Three women have told the New York Times that music mogul Russell Simmons raped them.

    More >>
Powered by Frankly