Power rates to drop on New Year's Day

MONTGOMERY, AL (WBRC) - Alabama Power customers are going to see rates drop on New Year's Day.
     
The Public Service Commission voted unanimously on Tuesday to enact a four percent cut for Alabama Power's residential customers.

Under the new rate, the typical bill will save about five dollars a month.

The decrease stems in part from declining prices for natural gas and coal that Alabama Power uses to run its generating plants.