Alabama Power to provide customers credits on bills

WINSTON COUNTY - Alabama Power customers will receive a nice surprise on their bills in October.
The Alabama Public Service Commission recently approved Alabama Power to provide a total $100 million in credits to customers.  The typical Alabama Power customer will receive a $25 credit in October.
The newly approved credit is on top of a three percent rate reductions customers already received in 2020.
The newly approved credit is based on lower expenses for the fuel Alabama Power uses at its generating plants. Customers will receive a total of $100 million from the fuel-related credit.
A typical residential customer using 1,000 kilowatt-hours of electricity per month is expected to receive a credit of $25. Customers who use more energy will receive a larger credit.
“We appreciate the commission voting to expedite this credit for our customers,” said Richard Hutto, Alabama Power’s vice president of regulatory affairs.
Alabama Power has seen lower fuel prices during the COVID-19 pandemic and these lower costs benefit Alabama Power customers. Adjustments to fuel costs are typically calculated at the end of the year, with savings passed to customers beginning in January.