Alabama § 37-1-81.3
Full text of Alabama Code of Alabama § 37-1-81.3, with citation guidance and answers to common questions.
§ 37-1-81.3.
(a) After the mandated prohibition on increasing retail base rates that runs until January 1, 2029, as provided in Section 37-1-81.1, a formal hearing to examine specific issues relative to the rate making process and to provide greater transparency and direction to the establishment of base retail rates, with testimony provided under oath, shall be triggered upon the occurrence of:
(1) An affirmative vote of at least five commissioners designating the issues to be examined and the timing and scope of the formal hearing; or
(2) The direction of the Secretary of Energy specifying the issues to be examined and the timing and scope of the formal hearing.
(b) In determining whether to conduct a formal hearing, the secretary and the commissioners shall consider all relevant factors, including:
(1) The base retail rate customers pay relative to the national average;
(2) The base retail rate customers pay relative to the regional average;
(3) Customer satisfaction reports;
(4) Reliability of the power grid;
(5) Operational efficiency of generating facilities;
(6) Capacity to accommodate economic development priorities; and
(7) The relevant utility’s credit rating and ability to raise necessary capital.
(c) The secretary and commissioners, when implementing the provisions of this section, shall have the power to administer oaths under penalty of perjury and issue subpoenas pursuant to Section 37-1-63.
Frequently Asked Questions About Alabama § 37-1-81.3
What does Code of Alabama § 37-1-81.3 cover?
Section 37-1-81.3 is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 37-1-81.3?
A common citation format is "Code of Alabama § 37-1-81.3" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 37-1-81.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.