The W.Va. Public Service Commission issued an order Friday
reducing the electric rates for Appalachian Power and Wheeling Power Company
customers.
A typical residential customer using
1,000 kWh of electricity per month will see their bill decrease by
approximately $3.00 a month starting September 1.
The costs to obtain fuel to generate
electricity and purchased power are the largest expenses for an electric
utility and make up the largest component of customer rates.
In an Expanded Net Energy Cost (ENEC)
case, customer rates are adjusted to reflect only projected changes in the
utility’s cost of fuel and purchased power, specified environmental compliance
and construction costs, and to true-up recovery of actual ENEC costs for the
previous period. The ENEC process does not involve the recovery of profit or
rate of return on investment.
APCO and WPCO serve approximately
478,500 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
