West Virginia PSC Issues Order Involving Lexington Coal energycentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energycentral.com Daily Mail and Mail on Sunday newspapers.
CHARLESTON â Residential customers of Appalachian Power and Wheeling Power companies will see an increase of just over 6% after the rate increase was approved Wednesday by the Public Service Commission of West Virginia.
The PSC conditionally approved a modified rate base cost tracker and surcharge for the two power companies and imposed a three-year moratorium on filing for a base rate increase.
The purpose of the tracker and surcharge is to allow the companies limited cost recovery related to capital investments made between rate cases, according to the PSC.
The companies originally requested $48.2 million to cover rate base increases since their last base rate case. The commission reduced that amount to $44.2 million, which will result in a 6.12% increase in the average residential customerâs monthly bill.
State regulators to hold hearing about sale of Mountaineer Gas to Pa -based UGI Corp morganmessenger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morganmessenger.com Daily Mail and Mail on Sunday newspapers.
PSC approves Appalachian Power surcharge request By
June 30, 2021 - 9:53 pm
CHARLESTON, W.Va. The Public Service Commission of West Virginia has approved a surcharge request from Appalachian Power, which will go into effect in September.
The utility filed a request last December to raise $49.8 million for recovering infrastructure investment costs. The commission approved a surcharge of $44.2 million, in which the average customer will see monthly bills increase by 6.12%.
The state Public Service Commission also ordered Appalachian Power to not submit any new base rate increase requests until June 30, 2024.
The Kanawha County Commission released a statement Wednesday, in which commissioners thanked the Public Service Commission for the pause.
West Virginia American Water files application on infrastructure, improvement charge By
June 30, 2021 - 10:55 pm
CHARLESTON, W.Va. West Virginia American Water Company on Wednesday filed an application with the Public Service Commission of West Virginia seeking the approval of its 2022 infrastructure replacement plan and an associated distribution system improvement charge.
The plan includes around $32.5 million of investment in infrastructure replacement and system upgrades.
The distribution system improvement charge is related to infrastructure investments approved for March 2019 through February 2022, in which the overall surcharge on customer bills will go from 6.60% to 1.87% of the proposed water rates. The average customer will see monthly bills increase by $2.34 starting next March if the commission approves the proposal.