Alabama Sees Economic Growth: Water Leadership, Power Rate Freeze, Rural Development, and Education Initiatives Highlight December Progress
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The state's electric utility landscape saw major changes when Alabama regulators approved a two-year rate freeze for Alabama Power customers. The Public Service Commission voted unanimously to maintain electric rates at two thousand twenty-five levels through two thousand twenty-seven, providing relief to residents who currently pay among the highest electric bills in the nation. The freeze will remain in effect unless a catastrophic event occurs.
Economic development continues accelerating across rural Alabama. The state's Department of Commerce reports that since two thousand twenty, targeted rural counties have generated seven billion dollars in new capital investment and created nearly nine thousand jobs. During the past year alone, fifty-seven economic development projects brought one point two billion dollars in investment and over sixteen hundred new positions to rural regions.
Auburn University's Board of Trustees approved a five point seven million dollar dormitory project at the Solon Dixon Forestry Education Center in Andalusia. The new sixty-four-bed facility will replace aging nineteen-seventies era buildings and is expected to be completed by summer two thousand twenty-seven. This expansion strengthens the center's role as a premier destination for natural resource training across the Southeast.
In Birmingham, development continues at the former Carraway Hospital site. Construction will begin in spring two thousand twenty-six on sixty-four new homes featuring one, two, and three-bedroom options. The first residences should be ready by early two thousand twenty-seven as part of the broader revitalization effort.
Governor Kay Ivey announced that Alabama families can now access the CHOOSE Act application portal for the two thousand twenty-six through two thousand twenty-seven school year. Renewing family applications open December fifteenth, with new family applications opening January second. Both close March thirty-first, with award notifications sent April fifteenth.
Looking ahead, listeners should watch for Auburn's winter capital campaign launch for the Dixon Center project and continued updates on the former Carraway site development. The CHOOSE Act application period will shape educational opportunities for thousands of Alabama families in the coming months.
Thank you for tuning in to Alabama news today. Be sure to subscribe for continued coverage of state developments. This has been a Quiet Please production. For more, check out quietplease dot ai.
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