Alabama Power to refund $100 million to customers

Alabama Power is returning $100 million in surplus fuel coststo customers this year, after a vote today by the Alabama Public Service Commission.

Customers should expect to receive a credit on their October electric bill for about $25, the company said.

“That’s a shot in the arm of $100 million that will go back into our economy,” said Twinkle Cavanaugh, president of the Alabama Public Service Commission.

The PSC voted 3-0 Tuesday to approve the refunds, stemming from unexpectedly low fuel costs and decreased electricity use during the COVID-19 pandemic.

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