PSC vote could save Alabama Gas Company customers money - WTVM.com-Columbus, GA News Weather & Sports

PSC vote could save Alabama Gas Company customers money

(WTVM) -

The State Public Service Commission (PSC) has approved a new rate for the Alabama Gas Company that is expected to save customers money.

The PSC president says the typical customer should save $33 each year.

Currently, the company is allowed a return on equity of 13.15 percent to 13.65 percent. In a unanimous vote today, PSC lowered the range by two percent.

The change is due to take effect with the new year.

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