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....
The Public Service Commission begins review of Alabama Power rates
From Montgomery Advertiser – May 8, 2013 MONTGOMERY, Ala. (AP) — A state board started a review of Alabama Power’s rates Wednesday after completing one for Mobile Gas that could lead to lower rates. The Public Service Commission’s review of Alabama Power rates began with a discussion of the origin of its rate stabilization plan. The review...
Alabama Power Responds to Rates Analysis
By: Nick Sellers (VP regulatory and corporate affairs APCo) 1/24/13— Last week, al.com and its affiliated newspapers in Birmingham and Mobile published what was described as an analysis, comparing our rates to those charged by our sister company, Georgia Power. The result, regrettably, was a misleading article that misrepresented our business, and...
Alabama’s economy a top 5 performer to close out 2012, report says
By Alex Walsh | awalsh@al.com al.com (January 22, 2013) Alabama’s economy saw some of the most dramatic improvements of any state over the last three months of 2012, one study shows. From September to December, Alabama saw a 1.23 percent increase in its coincident index — a statistic designed and tracked by the Federal Reserve Bank of...