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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.
WV PSC grants electricity bill increase for Appalachian Power, Wheeling Power companies herald-dispatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald-dispatch.com Daily Mail and Mail on Sunday newspapers.
Today Isolated thunderstorms this evening becoming more widespread overnight. Low around 70F. Winds light and variable. Chance of rain 70%.. Tonight Isolated thunderstorms this evening becoming more widespread overnight. Low around 70F. Winds light and variable. Chance of rain 70%. Updated: June 30, 2021 @ 8:19 pm ....
State officials are considering a new surcharge on many West Virginians’ electricity bills. It’s an effort to raise tens of millions of dollars to fund the expansion of high-speed internet into rural southern West Virginia, a region that has long been at the epicenter of the state’s broadband crisis. ....