
by Bill Jordan
Published: Sun, December 02, 2007 - 10:47 am CST
Last Updated: Sun, December 02, 2007 - 12:01 pm CST
Alabama Power will increase its home and business rates next year, if a proposal before the Alabama Public Service Commission is approved.
The Company says that will mean an increase of about $78.00
a year, roughly $6.50 per month, for the average residential customer,
who uses approximately 1000 kilowatts of power per month.
The Company says the increase is needed to cover a rise in operating
expenses, and the cost of doing business.
Unless the PSC objects, the rate increase will become effective January 1st.
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