Alabama Public Service Commissioner Jeremy Oden says Alabama Power electricity rates have been flat since January of 2012 despite investor-owned electric utilities in the Southeast increasing their power bills by $2.7 billion over the same period.
"The Alabama Public Service Commission (PSC) has faced tremendous pressure to increase utility rates but has been able to hold the line," Oden says. "Equitable and economical electricity rates play an important role in the recruitment of new and expanding jobs in Alabama.
Commissioner Oden says a leading cause of increased utility rates around the region is due to new environmental regulations from the EPA and says, "Alabama is in the bulls-eye of national environmental groups who would like nothing more than to control Alabama's energy policy."
A comparison of rates from investor-owned utilities in the Southeast shows Alabama Power is the only utility to hold rates flat is HERE.
"Maintaining affordable rates and continued job growth are key elements which support Alabama families," Oden said. "I am proud that we have kept rates flat despite these pressures."
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