Leaders from Washington to Montgomery are praising Alabama Power’s new two-year rate stability plan approved by the Alabama Public Service Commission, calling it a major step toward keeping power affordable as families continue to feel the sting of high prices nationwide.

The PSC voted Tuesday to approve Alabama Power’s proposal to hold several major adjustable rate factors at current levels through 2026 and 2027 to lock in what commissioners described during the meeting as a needed period of predictability for customers.

Following the decision, Governor Kay Ivey said the move helps Alabama stay ahead of the curve on cost of living and economic competitiveness.

“As prices are going up all over the country, this action in Alabama ensures we remain leaders in affordability and reliability

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