diff --git a/CHANGELOG.md b/CHANGELOG.md
index 55c34ca..fbb6afb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,9 @@
 v1.2
 
   * Show used configuration settings in debug mode.
+  * Load configuration file from the directory in which the prometheus-webhook-snmp
+    command is located.
+  * Automatically convert hyphens to underscores in configuration file parameters.
 
 v1.1
 
diff --git a/README.md b/README.md
index c890b69..5a03068 100644
--- a/README.md
+++ b/README.md
@@ -96,7 +96,13 @@ scrape_configs:
 ```
 
 # Global configuration file
-The Prometheus Alertmanager receiver can be configured via configuration file, too. The file ``/etc/prometheus-webhook-snmp.conf`` is written in YAML format. Parameters in this file have precedence over default configuration settings. Please replace hyphens in parameter names with underscores.
+The Prometheus Alertmanager receiver can be configured via configuration file, too.
+Command line arguments have precedence over the settings in the configuration file.
+The configuration file is written in YAML format. The file will be loaded in the
+following order and precedence from ``/etc/prometheus-webhook-snmp.conf`` and the 
+directory in which the prometheus-webhook-snmp command is located.
+Parameters in these files have precedence over default configuration settings.
+Please replace hyphens in parameter names with underscores.
 
 Example configuration:
 
diff --git a/prometheus_webhook_snmp/utils.py b/prometheus_webhook_snmp/utils.py
index 7e8afc9..b1c8e48 100755
--- a/prometheus_webhook_snmp/utils.py
+++ b/prometheus_webhook_snmp/utils.py
@@ -2,6 +2,8 @@
 import ipaddress
 import json
 import logging
+import os
+import sys
 
 import cherrypy
 import dateutil.parser
@@ -209,13 +211,21 @@ def load(self, prog_name):
         :param prog_name: The name of the program.
         :type prog_name: str
         """
-        file_name = '/etc/{}.conf'.format(prog_name)
-        try:
-            with open(file_name, 'r') as stream:
-                config = yaml.safe_load(stream)
-                self.update(config)
-        except (IOError, FileNotFoundError):
-            pass
+        file_name = '{}.conf'.format(prog_name)
+        path_names = [
+            os.path.join('/etc', file_name),
+            os.path.join(sys.path[0], file_name)
+        ]
+        for path_name in path_names:
+            try:
+                with open(path_name, 'r') as stream:
+                    config = yaml.safe_load(stream)
+                    # Automatically convert hyphens to underscores.
+                    for key in list(config.keys()):
+                        config[key.replace('-', '_')] = config.pop(key)
+                    self.update(config)
+            except (IOError, FileNotFoundError):
+                pass
 
     def __setitem__(self, key, value):
         """