Alabama Power Freezes Electricity Rates Through 2027

Alabama Power commits to no electricity rate increases through 2027, offering budget relief. Despite earlier projections of a 2% reduction, rates will remain steady. The company will absorb Lindsay Hill generation facility costs in 2027. Alabama Power emphasizes grid strengthening and storm-resilient infrastructure investments, ensuring reliable service while keeping rates consistent. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.