FOR IMMEDIATE RELEASE
July 2, 2013
STATEMENT OF ATTORNEY GENERAL LUTHER STRANGE
Regarding Public Service Commission vote on Mobile Gas
"Over the last six months, my staff has been closely reviewing matters regarding Mobile Gas and working with the company and the Public Service Commission to provide relief to consumers. This morning the Public Service Commission voted to reduce the return on equity for Mobile Gas, as well as additional changes to the RSE*. We are pleased with these steps, which are expected to result in a rate reduction for consumers."
* Note: RSE refers to a regulatory agreement known as rate stabilization and equalization.