Wva Power Companies Seek Residential Customer Rate Increase

CHARLESTON, W.Va. (AP) — American Electric Power subsidiaries in West Virginia are asking regulators to approve a monthly rate boost of about 6% for residential customers to cover fuel costs, vegetation management and energy efficiency programs.

Under the proposal announced Friday, Appalachian Power and Wheeling Power customers who use 1,000 kilowatt hours would see monthly rates increase by $8.10, while customers using 2,000 kilowatt hours would see rates increase by $16.20.

If approved by the state Public Service Commission, a $73 million rate increase for vegetation management and fuel costs would start in September, and a $5 million rate increase to cover the costs of energy efficiency programs would go into effect next January.

Appalachian Power has 1 million customers in West Virginia, Virginia and Tennessee.