Alabama Governor Signs Measure Freezing Power Rates
Critics say the measure was weakened from its original intent, limiting oversight.
April 14, 2026 – Alabama Gov. Kay Ivey signed a utility regulation bill into law April 2, freezing electric rates through 2029 and reshaping oversight of the state’s power sector.
The measure, known as the “Power to the People Act,” comes after years of frustration over rising electricity costs and limited regulatory scrutiny. The Alabama Public Service Commission has not held a formal rate hearing since 1982.
“For Alabama to remain the best state to live, work and raise a family, we have to grow the state while keeping our cost of living low,” Ivey said in a statement released the day she signed the bill.
