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.
Continue reading at AL.com.
Do you like this post?