This office lease clause specifically states the availability of electricity, the pricing, the quantity and the quality of the electricity provided to the demised premises.
Alabama Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided
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Alabama Power issued four rate hikes in 2022, approved by the Alabama Public Service Commission. Alabama's all sectors (residential, commercial, industrial, transportation) rate was 11.27 cents in the first four months of 2023, an increase of about 6% over the same time period in 2022 (10.63 cents).
WHAT IS A CAPACITY RESERVATION CHARGE? Every Alabama Power customer with an on-site alternative energy source (most commonly solar panels) is charged $5.41 per kilowatt (kW) of energy they are able to generate. A typical 5kW residential solar array would be charged just over $27 per month.
A reconnection charge may apply if the company has certain knowledge that payment was made following disconnect. (4) No service shall be cut off for nonpayment after P.M. on any day immediately preceding a day or days when the Utility's office will be closed.
MONTHLY RATE Charge for Energy: BILLING MONTHS JUNE - SEPTEMBER BILLING MONTHS OCTOBER - MAY 12.4384¢ per kWh for the first 1000 kWh, 12.4384¢ per kWh for the first 750 kWh, plus plus 12.6913¢ per kWh for all over 1000 kWh.
With the Time Advantage ? Demand Rate Plan, you save money based on the time of day that you use electricity and by avoiding the use of any major appliances at the same time. The more major appliances you can avoid using at the same time, the more money you save.
Customers will see an adjustment on January 2023 bills of about $6.81 for the typical residential customer using 1,000 kilowatt hours per month. That amounts to an extra $81.72 a year. The latest rate hike follows a rate adjustment of $6 per month that went into effect in August.