Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Electric Rates topic

No spam. Unsubscribe anytime.

Staff reports Alabama Power's ECR under-recovered by about $11.1 million for June

Alabama Public Service Commission · August 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Electricity Policy Division staff said reprojected ROE for Alabama Power is 6.28% for the 12-month period and that the energy cost recovery (ECR) was under-recovered by approximately $11,100,000 in June 2026.

Patricia Smith of the Electricity Policy Division reported the division's monthly examinations of Alabama Power's books and records and the energy cost review for June. Staff's reprojected return on average retail common equity for the 12 months ending Dec. 31, 2026, was 6.28%.

Smith told the commission "It was determined that rate ECR was under recovered by approximately $11,100,000 in June 2026." The staff presentation included the data sources used for the projection (six months actual and six months budget data) and invited any questions from commissioners.