Weak PSC oversight benefits Alabama Power at customers' expense, report finds

Alabama Power earns higher profits than most utilities nationwide while leaving customers paying more for their electricity than customers in all Southern states but Florida, according to a report released by Arise Citizens' Policy Project.

"The outdated way Alabama sets electricity rates is hurting families and businesses," ACPP executive director Kimble Forrister said. "It's not just numbers on paper. When people are living paycheck to paycheck, having to spend so much of their income on electricity bills really hurts."

Read news release here.

Read full report here.

Read ACPP's fact sheet on the rate stabilization and equalization (RSE) process here.

Read ACPP's fact sheet on Integrated Resource Plans here.