Alabama Power Rate Decrease

Alabama Power Company, a strong supporter of both the Chamber of Commerce Association of Alabama and local Chambers of Commerce within its service area, has been granted a rate reduction of 4 percent as approved by the Alabama Public Service Commission yesterday.

The ability to generate power in a more cost-effective manner was a major factor in the rate decrease, as APCO was able to use more hydroelectric generation due to record rainfall.

This decrease will reduce an average retail customers bill an average of 7.4 percent, beginning in January 2010.  This decrease also follows the PSC’s broadening of the LPS (light, power, small) definition which can also reduce the rates of small businesses within the Alabama Power service area.