Alabama Energy prospects are getting a refund this summer time.
The Alabama Public Service Fee on Tuesday permitted the refund to be paid to eligible Alabama Energy prospects in August. The choice got here after the corporate reported it was above the allowed price of return vary by $62 million in 2022, al.com reported.
ALABAMA GOVERNOR URGED BY 170 FAITH LEADERS TO ORDER THIRD-PARTY REVIEW OF STATE’S EXECUTION PROCEDURES
There’s no phrase but on how a lot prospects will obtain as a part of that refund.
In December, Alabama Energy introduced its third price improve of 2022, citing federal mandates, inflation and financial circumstances. Meaning the common residential buyer, utilizing 1,000 kilowatt hours a month, is paying about $24 for electrical energy since January 2022.
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