After the State Corporation Commission (SCC) denied Appalachian Power Company (APC) a rate increase, the company is appealing to the Virginia Supreme Court, according to a notice of appeal filed with the SCC Monday. The company requested a rate change last year, but the SCC has reiterated its denial of the request on March 26.Read More
Appalachian Power, the second largest electric utility in Virginia, is seeking an 11% increase in rates paid by consumers residing in the commonwealth to pay for electric transmission costs.
If approved, Appalachian Power would increase the Transmission Rate Adjustment Clause from $225.1 million to $337.7 million, which is a $112.6 million increase. It would increase the monthly bill for a customer by $11.52 for every 1,000 kilowatt hours. It would go into effect in July 2021.Read More