Alabama Power is preparing to issue a multi-million dollar refund to thousands of its customers following an order by the Alabama Public Service Commission.
The APSC, a body that regulates Alabama’s public utilities, said during its meeting Tuesday that a regular examination of Alabama Power’s books and records showed that it had exceeded the authorized range allowed for its rate of return.
“Alabama Power can confirm that approximately $62 million will be refunded to eligible customers,” a company spokesperson said Wednesday. The refunds will not be made immediately, however. They’ll be included in customers’ August 2023 bills. It’s also still unclear exactly how much money customers will see returned to their pockets with the spokesperson saying Alabama Power is “currently studying the Commission’s order to best estimate the refund for a typical residential customer and will follow up once we know more.”, which amounted to about $6.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How freezing rain, tree-lined neighborhoods and above-ground power lines prolonged Austin power outagesAustin city officials have faced criticism about fumbled communications. Some residents could end up going more than 10 days without power.
Read more »
How freezing rain, tree-lined neighborhoods and above-ground power lines prolonged Austin power outagesTens of thousands of Austin households and businesses went days without electricity after a winter storm wreaked havoc across Texas.
Read more »
Alabama AG: Inmate didn’t suffer in aborted lethal injection'Allegations of pain related to difficulty achieving intravenous access do not amount to cruel and unusual punishment,” lawyers for the state wrote in the Monday court filing.
Read more »
Spring-Like Warmth For A Few Days - Alabama NewsA spring-like start to the work week and there’s more to come. High pressure is providing a very mild air mass over us. Temps are responding and we’re expecting 70+ degree highs through Wednesday. A straight shower can’t be ruled out each afternoon but our main rain event will hold off until Wednesday night into Thursday. That’s when a cold...
Read more »
New Life for Abandoned Tallassee Mill? - Alabama NewsAs Tallassee sees growth, the abandoned Mt. Vernon Mills space is an eyesore that is on the front of residents'
Read more »