New power rates could promote job growth

The state's Utility Regulatory Board plans to approve new Alabama Power rates Tuesday, giving a price break to businesses if they help the state create more jobs.

Public Service Commission members said it will complement business tax breaks being considered by the legislature.

Officials also hope it will lower Alabama's unemployment rate by providing one more incentive for business growth.

The plan offers price breaks for businesses if they open new locations or undergo major expansions. Some of the price breaks are temporary.

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