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Alabama Seeks to Lower Gas Utility Profits for the First Time in 40 Years

Inside Climate News · By Dennis Pillion · last updated
Feeling the heat on high energy prices, Alabama regulators are looking to cut profits for the state’s largest gas utility.

By Dennis Pillion

MONTGOMERY, Ala.—For the first time in more than 40 years, Alabama utility regulators this week convened formal hearings to potentially decrease profits for one of the state’s major monopoly utilities.