Thursday, November 04, 2010
PSC Public Hearings Set
WEST VIRGINIA...
The state Public Service Commission is holding public hearings on proposed rate increases requested by American Electric Power's West Virginia subsidiaries Appalachian Power and Wheeling Power, which are seeking a 17 percent rate increase for residential customers and hikes of 12 percent to 15 percent for commercial and industrial customers. If approved, monthly bills for residential customers who use 1,000 kilowatt-hours would increase from $80.47 to $94.14. The utilities say the increases are necessary to recoup maintenance and improvement costs, along with costs stemming from a winter storm in 2009. Hearings were held Thursday in Wheeling and are set for November 8th in Huntington, November 9th in Beckley and November 16th in Charleston.
The state Public Service Commission is holding public hearings on proposed rate increases requested by American Electric Power's West Virginia subsidiaries Appalachian Power and Wheeling Power, which are seeking a 17 percent rate increase for residential customers and hikes of 12 percent to 15 percent for commercial and industrial customers. If approved, monthly bills for residential customers who use 1,000 kilowatt-hours would increase from $80.47 to $94.14. The utilities say the increases are necessary to recoup maintenance and improvement costs, along with costs stemming from a winter storm in 2009. Hearings were held Thursday in Wheeling and are set for November 8th in Huntington, November 9th in Beckley and November 16th in Charleston.
# posted by Homer Owens @ 9:58 AM 
