PSC Hearing Starts Monday on Alabama Power Request to Add $1.1 Billion in Energy Capacity
Alabama Power Company says it needs to add $1.1 billion in energy sources to meet future demand for electricity. Major industries, environmental groups and clean energy advocates are among those opposing the move. The company says adding the resources, predominantly from natural gas generation, will allow it to meet customer needs for years to come. It estimates the expansion would cost residential customers an average of $4 per month. Alabama Power reduced its prices by 3% this year, meaning an estimated $4.50 per month reduction for the typical residential customer. A multi-day hearing on the matter will be heard by an administrative law judge beginning at 10 a.m. Monday before the issue goes to the Public Service Commission offices. Read more.