{"id":26862,"date":"2025-12-19T04:44:33","date_gmt":"2025-12-19T08:44:33","guid":{"rendered":"https:\/\/www.red94.net\/news\/alabama-power-freezes-rates-through-2027-while-critics-blast-third-highest-bills-in-nation-heres-what-comes-after\/"},"modified":"2025-12-19T04:45:01","modified_gmt":"2025-12-19T08:45:01","slug":"13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in","status":"publish","type":"post","link":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/","title":{"rendered":"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#8217;s what comes after"},"content":{"rendered":"<p style='font-size:1.1em;font-weight:500;line-height:1.6;margin-bottom:20px'><b>Alabama Power<\/b> announced it will freeze residential electricity rates through <b>2027<\/b>, a move the Alabama Public Service Commission approved on <b>December 2, 2025<\/b>. The rate freeze came as critics continue blasting that Alabama households pay the <b>third-highest residential electric bills in the nation<\/b>, averaging <b>$173 per month<\/b> according to federal data from the <b>U.S. Energy Information Administration<\/b>.<\/p>\n<div style='background:#f9f9f9;padding:20px;border-left:4px solid #e74c3c;margin:25px 0'>\n<h3 style='margin-top:0'>\ud83d\udd25 Quick Facts<\/h3>\n<ul style='margin:10px 0;padding-left:20px'>\n<li><b>Alabama<\/b> ranks third in the nation for highest average monthly residential electric bills at <b>$173\/month<\/b><\/li>\n<li>The rate freeze applies to <b>2026 and 2027<\/b>, approved by the PSC on <b>December 2, 2025<\/b><\/li>\n<li><b>Alabama Power<\/b> serves <b>1.5 million customers<\/b> in the southern two-thirds of the state<\/li>\n<li><b>U.S. Senator Katie Britt<\/b> expressed concern that Alabama has the highest power rates in the Southeast<\/li>\n<\/ul>\n<\/div>\n<h2>What the Rate Freeze Means for Customers<\/h2>\n<p><b>Alabama Power<\/b> claims the two-year freeze will provide stability during uncertain economic times. The company emphasized that <b>rate stabilization<\/b> is a significant achievement when comparing Alabama to national trends of utility rate increases across the country.<\/p>\n<p><b>Brian George<\/b>, assistant treasurer for <b>Alabama Power<\/b>, stated that the company started with a goal of freezing rates for <b>2026<\/b> and extended it through <b>2027<\/b> after discussions with PSC staff. However, the company warned that individual bills could still fluctuate based on monthly electricity usage.<\/p>\n<p>Environmental and consumer advocacy groups questioned whether the freeze would truly benefit customers long-term. <b>Christina Tidwell<\/b>, senior attorney for the Southern Environmental Law Center, said the freeze &#8220;locks in the status quo&#8221; without addressing underlying affordability issues.<\/p>\n<h2>Why Alabama&#8217;s Bills Are Third-Highest in the Nation<\/h2>\n<p><b>Alabama<\/b> consumes approximately <b>30% more electricity<\/b> than the national average, particularly due to intense summer heat requiring extensive air conditioning usage. The state&#8217;s hot climate and reliance on electric heating drive consumption higher than most states.<\/p>\n<p>Despite consuming more electricity than most states, <b>Alabama<\/b> has the <b>third-highest monthly residential bills<\/b>, suggesting rates themselves contribute significantly to the burden. <b>Alabama Power&#8217;s<\/b> residential rate stands at <b>16.43 cents per kilowatt-hour<\/b>, higher than neighboring states but below the national average of <b>18.07 cents\/kWh<\/b>.<\/p>\n<table style='width:100%;border-collapse:collapse;margin:20px 0'>\n<tr style='background:#f4f4f4'>\n<td style='padding:12px;border:1px solid #ddd;font-weight:bold'>State\/Utility Metric<\/td>\n<td style='padding:12px;border:1px solid #ddd;font-weight:bold'>Rate or Amount<\/td>\n<\/tr>\n<tr>\n<td style='padding:12px;border:1px solid #ddd'>Alabama National Ranking<\/td>\n<td style='padding:12px;border:1px solid #ddd'>3rd Highest Monthly Bills<\/td>\n<\/tr>\n<tr style='background:#f9f9f9'>\n<td style='padding:12px;border:1px solid #ddd'>Average Monthly Bill (Alabama)<\/td>\n<td style='padding:12px;border:1px solid #ddd'>$173<\/td>\n<\/tr>\n<tr>\n<td style='padding:12px;border:1px solid #ddd'>Alabama Power Residential Rate<\/td>\n<td style='padding:12px;border:1px solid #ddd'>16.43\u00a2\/kWh<\/td>\n<\/tr>\n<tr style='background:#f9f9f9'>\n<td style='padding:12px;border:1px solid #ddd'>U.S. National Average Rate<\/td>\n<td style='padding:12px;border:1px solid #ddd'>18.07\u00a2\/kWh<\/td>\n<\/tr>\n<tr>\n<td style='padding:12px;border:1px solid #ddd'>Rate Freeze Period<\/td>\n<td style='padding:12px;border:1px solid #ddd'>2026-2027<\/td>\n<\/tr>\n<\/table>\n<h2>Critics Question Long-Term Solution<\/h2>\n<p><b>Daniel Tait<\/b>, president of <b>Energy Alabama<\/b>, criticized the freeze as political theater rather than genuine rate relief. He argued the rate freeze does not change <b>Alabama Power&#8217;s<\/b> profit margins, which remain guaranteed under the state&#8217;s Rate Stabilization and Equalization (RSE) system adopted in the 1980s.<\/p>\n<p>Advocates have called for a return to traditional rate cases that require utilities to open their books for public scrutiny. <b>Tait<\/b> noted that <b>Alabama<\/b> hasn&#8217;t had a full rate case since <b>1982<\/b>, unlike most other states that require formal proceedings when utilities seek rate increases.<\/p>\n<p><b>Ari Peskoe<\/b>, Director of the Electricity Law Initiative at <b>Harvard Law School<\/b>, emphasized the consumer protection value of rate cases: &#8220;absolutely, there could be billions of dollars at stake. It&#8217;s worth the time and money. We don&#8217;t just trust a monopolist who provides these essential services for profit.&#8221;<\/p>\n<h2>The PSC Structure Favors Utilities, Experts Say<\/h2>\n<p>The <b>Public Service Commission<\/b> uses formula-based rate adjustments rather than competitive rate cases. <b>Credit rating agency S&amp;P Global<\/b> ranked <b>Alabama&#8217;s PSC<\/b> as &#8220;above average&#8221; for investor-friendliness, meaning utilities receive higher returns than the national average of approximately <b>9% return on equity<\/b>.<\/p>\n<p><b>Alabama Power<\/b> has been one of the state&#8217;s most politically influential companies, contributing nearly <b>$5 million to political action committees<\/b> since <b>2013<\/b>. The company&#8217;s PAC has distributed more than <b>$3.3 million directly to political candidates<\/b>, with <b>Governor Kay Ivey<\/b> receiving over <b>$300,000<\/b> from the utility since she served as lieutenant governor.<\/p>\n<h2>What Happens After 2027 When the Freeze Ends?<\/h2>\n<p>The rate freeze provides only temporary stability, leaving critical questions about electricity costs beyond <b>2027<\/b>. <b>Alabama Power<\/b> had originally requested approval for a <b>$3.32 per month increase<\/b> starting mid-<b>2027<\/b>, suggesting significant rate increases could follow the freeze period.<\/p>\n<p>Consumer advocates argue that a meaningful solution requires Alabama to abandon the <b>formula rate system<\/b> and return to transparent rate cases. The new PSC president, <b>Cynthia Almond<\/b>, acknowledged the importance of power rates to low-income Alabamians but said she wasn&#8217;t equipped to discuss changing the regulatory framework during her recent appointment.<\/p>\n<h3>Sources<\/h3>\n<ul>\n<li><b>AL.com<\/b> &#8211; Coverage of December 11 PSC hearing with critical analysis of rate freeze<\/li>\n<li><b>WBRC News<\/b> &#8211; Investigative report on Alabama&#8217;s third-highest electric bills and PSC structure<\/li>\n<li><b>U.S. Energy Information Administration<\/b> &#8211; Official electricity rate data and consumption statistics<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":23,"featured_media":26861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"schema_org_data":"{\"@context\":\"https:\/\/schema.org\",\"@graph\":[]}","_extracted_celebrities":"","_extracted_movies":"","_extracted_places":"","_extracted_videos":"","_last_enrichment_date":"2025-12-19 04:45:23","footnotes":""},"categories":[391],"tags":[],"class_list":["post-26862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#039;s what comes after<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#039;s what comes after\" \/>\n<meta property=\"og:description\" content=\"&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\" \/>\n<meta property=\"og:site_name\" content=\"Red94\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-19T08:44:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-19T08:45:01+00:00\" \/>\n<meta name=\"author\" content=\"Patrick Graham\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Graham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\"},\"author\":{\"name\":\"Patrick Graham\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9\"},\"headline\":\"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#8217;s what comes after\",\"datePublished\":\"2025-12-19T08:44:33+00:00\",\"dateModified\":\"2025-12-19T08:45:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\"},\"wordCount\":755,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.red94.net\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png\",\"articleSection\":[\"Business &amp; Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\",\"url\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\",\"name\":\"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here's what comes after\",\"isPartOf\":{\"@id\":\"https:\/\/www.red94.net\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png\",\"datePublished\":\"2025-12-19T08:44:33+00:00\",\"dateModified\":\"2025-12-19T08:45:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png\",\"width\":1360,\"height\":768,\"caption\":\"Alabama Power freezes rates through 2027 as critics blast third-highest bills in nation\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.red94.net\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Entertainment\",\"item\":\"https:\/\/www.red94.net\/news\/entertainment\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#8217;s what comes after\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.red94.net\/news\/#website\",\"url\":\"https:\/\/www.red94.net\/news\/\",\"name\":\"Red94\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.red94.net\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.red94.net\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.red94.net\/news\/#organization\",\"name\":\"Red94\",\"url\":\"https:\/\/www.red94.net\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png\",\"width\":289,\"height\":90,\"caption\":\"Red94\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9\",\"name\":\"Patrick Graham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg\",\"caption\":\"Patrick Graham\"},\"description\":\"Patrick Graham is a business and finance journalist translating Wall Street's complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world's biggest moves.\",\"url\":\"https:\/\/www.red94.net\/news\/author\/patrick-graham\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here's what comes after","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/","og_locale":"en_US","og_type":"article","og_title":"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here's what comes after","og_description":"&hellip;","og_url":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/","og_site_name":"Red94","article_published_time":"2025-12-19T08:44:33+00:00","article_modified_time":"2025-12-19T08:45:01+00:00","author":"Patrick Graham","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Patrick Graham","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#article","isPartOf":{"@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/"},"author":{"name":"Patrick Graham","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9"},"headline":"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#8217;s what comes after","datePublished":"2025-12-19T08:44:33+00:00","dateModified":"2025-12-19T08:45:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/"},"wordCount":755,"commentCount":0,"publisher":{"@id":"https:\/\/www.red94.net\/news\/#organization"},"image":{"@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage"},"thumbnailUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png","articleSection":["Business &amp; Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/","url":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/","name":"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here's what comes after","isPartOf":{"@id":"https:\/\/www.red94.net\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage"},"image":{"@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage"},"thumbnailUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png","datePublished":"2025-12-19T08:44:33+00:00","dateModified":"2025-12-19T08:45:01+00:00","breadcrumb":{"@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#primaryimage","url":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/43094-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in.jpg.png","width":1360,"height":768,"caption":"Alabama Power freezes rates through 2027 as critics blast third-highest bills in nation"},{"@type":"BreadcrumbList","@id":"https:\/\/www.red94.net\/news\/13010-alabama-power-freezes-rates-through-2027-as-critics-blast-third-highest-bills-in\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.red94.net\/news\/"},{"@type":"ListItem","position":2,"name":"Entertainment","item":"https:\/\/www.red94.net\/news\/entertainment\/"},{"@type":"ListItem","position":3,"name":"Alabama Power freezes rates through 2027 while critics blast third-highest bills in nation\u2014here&#8217;s what comes after"}]},{"@type":"WebSite","@id":"https:\/\/www.red94.net\/news\/#website","url":"https:\/\/www.red94.net\/news\/","name":"Red94","description":"","publisher":{"@id":"https:\/\/www.red94.net\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.red94.net\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.red94.net\/news\/#organization","name":"Red94","url":"https:\/\/www.red94.net\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png","width":289,"height":90,"caption":"Red94"},"image":{"@id":"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9","name":"Patrick Graham","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg","caption":"Patrick Graham"},"description":"Patrick Graham is a business and finance journalist translating Wall Street's complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world's biggest moves.","url":"https:\/\/www.red94.net\/news\/author\/patrick-graham\/"}]}},"views":62,"_links":{"self":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts\/26862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/comments?post=26862"}],"version-history":[{"count":0,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts\/26862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/media\/26861"}],"wp:attachment":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/media?parent=26862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/categories?post=26862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/tags?post=26862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}