West Virginia regulators deny 12% electric utility rate increase request
2/9/2023
CHARLESTON, W.Va. (AP) — West Virginia regulators have denied a request by Appalachian Power and Wheeling Power that would have added $18.41 to the average monthly residential electric bill.
The state Public Service Commission’s order on the request for a nearly 12% rate increase will remain in effect pending completion of a review of the companies’ decisions on power purchases and fuel supply management.
When the rate request was made last April, Appalachian Power President and Chief Operator Officer Chris Beam said the increase was necessary due to the “steep and rapid rise in energy and fuel costs over the past several months.”
Related News
From Archive
Sign up to Receive Our Newsletter
- HDD industry faces challenges as cities push back on fiber drilling disruptions
- 2 workers killed, 1 injured while working on sewer line in Mobile, Ala.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
- Tunnel boring continues under Chesapeake Bay for $3.9 billion HRBT Expansion project
- Judge approves construction for key portion of $485 million pipeline in Larimer County, Colo.
- New products: Latest industry developments
- 31 workers rescued after LA tunnel partially collapses
- Ohio Supreme Court rules sewer line location isn’t a ‘defect’ in property dispute
- Faulconer Construction begins rock blasting for water pipeline project in Charlottesville, Va.
- $5.3 billion, 516-mile pipeline to connect Texas to Arizona through New Mexico
Comments