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Regulation

Alabama Power customers can fund utility ads

Alabama Power spent more than $6 million on advertising last year, and customers can be charged for half of that spending through 2029, Fortune reported. The arrangement has drawn attention during a change at the state Public Service Commission, where Jim Zeigler is returning 48 years after his previous term on the regulator.

Why it matters

The dispute concerns whether a regulated monopoly's customers should bear the cost of advertising that may benefit the company.

Sources

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