<div id="readability-page-1">On December 2, 2025, the Alabama Public Service Commission (PSC) approved a proposal from Alabama Power, a Southern Company subsidiary, to effectively freeze customer electric rates through the end of 2027. While the company framed the move as one that will provide rate stability and predictability for customers grappling with rising costs, investors should interpret this action as a strategic regulatory de-risking initiative by Southern Company in the face of potential political headwinds.</div>

南方电力

<p>阿拉巴马公共服务委员会批准了阿拉巴马电力公司提出的将电价冻结至 2027 年底的提案。此举旨在为客户提供价格稳定，被视为南方公司在 2026 年选举周期之前的一项战略性监管风险降低举措</p>

阿拉巴马电力公司在 2026 年选举周期前冻结了电费费率