Friday, March 05, 2010
Utilities Seek Rate Increase
WEST VIRGINIA....
Appalachian Power and Wheeling Power filed a request this week with the state Public Service Commission seeking an 8.2% rate increase in West Virginia. The request is the second of a four part annual increase included in a 12.1% hike approved last September. The request would increase revenue about $96 million, while monthly residential bills per 1,000 kilowatt hours would rise to $86.44, from $80.47. The utilities say the increase would cover passed-along costs for fuel, purchased power and equipment to remove flue gas from the John Amos power plant in Putnam County. If approved, rates would go up July 1st.
Appalachian Power and Wheeling Power filed a request this week with the state Public Service Commission seeking an 8.2% rate increase in West Virginia. The request is the second of a four part annual increase included in a 12.1% hike approved last September. The request would increase revenue about $96 million, while monthly residential bills per 1,000 kilowatt hours would rise to $86.44, from $80.47. The utilities say the increase would cover passed-along costs for fuel, purchased power and equipment to remove flue gas from the John Amos power plant in Putnam County. If approved, rates would go up July 1st.