One Public Service Commission Puts Excessive Profits before People

Remember Paula Wood, the retired, single Alabamian struggling to pay her electric bills? While there has been some good news, things in Alabama aren’t looking a whole lot better. In early July the Public Service Commission (PSC) voted to lower the profit (return on equity) that Mobile Gas is allowed to earn from 13.45% to 10.95%.  While the decision is complicated, this will initially help save consumers like Paula money. The rates for Mobile Gas customers will go down, but, …