Thursday, October 30, 2014

Public Service Commission schedules public hearings regarding AEP rate increase



The Public Service Commission has scheduled ten public comment hearings regarding the pending Appalachian Power Company and Wheeling Power Company rate increase.
American Electric Power, which owns the two companies, has requested a $226 million, or approximately 17 percent, increase of rates and charges for their West Virginia customers and a revision of its depreciation rates.
The Commission has set an evidentiary hearing on these requests for January 13 – 16, in Charleston.
AEP serves approximately 476,600 customers in Boone, Cabell, Clay, Fayette, Greenbrier, Jackson, Kanawha, Lincoln, Logan, Marshall, Mason, McDowell, Mercer, Mingo, Monroe, Nicholas, Ohio, Putnam, Raleigh, Roane, Summers, Wayne, and Wyoming Counties.