(From Alabama Power News Center 2/11/14) The Alabama Power Board of Directors has elected Mark A. Crosswhite as the new president and CEO of the company, effective March 1. Crosswhite also will join the board of directors of Alabama Power. Crosswhite succeeds Charles McCrary, who is retiring after more than 12 years as the company’s leader. McCrary will...
Alabama PSC Explains Alabama Power Rate Change
The Alabama Public Service Commission approved a recommendation to revise the return on equity component of Rate RSE for Alabama Power Company. The proposal requires the consent of Alabama Power Company and may be finalized by the Commission’s next meeting September 10, 2013. The Commission issued the following explanation concerning the proposed...
Alabama PSC votes to lower Alabama Power’s allowed rate of return
By Mike Cason | mcason@al.comal.com August 13, 2013 MONTGOMERY, Alabama — The Alabama Public Service Commission today voted to lower the allowed rate of return for Alabama Power Company, according to Commission President Twinkle Andress Cavanaugh. The change will save customers an estimated $30 to $110 a year, according to a news release from the...
Governor Bentley Champions Industrial Energy Efficiency
MONTGOMERY — On June 11, Governor Robert Bentley promoted industrial energy efficiency as a means to boost the state economy. Appearing at the Alabama Summit on Industrial Energy Efficiency, he spoke to more than 70 businesses, utilities and other industry groups. Held at the State Capitol, the event was the culmination of a months-long Policy...
Alabama manufacturing growth well ahead of nationwide pace
By Alex Walsh | awalsh@al.com al.com ( June 05, 2013 at 7:00 AM, updated June 05, 2013 at 7:01 AM) New research confirms the notion that Alabama’s manufacturing economy is expanding, despite a national slowdown. The Purchasing Managers Index (PMI) for Alabama was 55.7 in May, according to KennesawStateUniversity’s EconometricCenter....