Dive Summary:
- The Alabama Public Service Commission (PSC) is warning utilities, including Alabama Power, that their rates may soon see reductions.
- There were no official rate adjustments made at the PSC's June meeting, but Commissioner Jeremy Oden noted, "there are going to be some substantial changes."
From the article:
Changes may have seemed more certain for Mobile Gas, which is currently operating under a regulatory contract with the PSC that will expire later this year. But Oden clarified on Thursday that he expects all three utilities to see tangible impacts from the Commission's informal review process.
Commission President Twinkle Cavanaugh offered the same view. "That was the reason I ran for president of this Commission," Cavanaugh said. "I wanted to see all three companies reviewed."