CHARLESTON — Customers of Appalachian Power and Wheeling Power could see a 4.4 percent rate increase in their electric bills if a proposed rate increased in approved by the state Public Service Commission.
Appalachian Power and Wheeling Power are seeking $68 million more from customers to make up for past and ongoing fuel costs, according to a press release from Jeri H Matheney, a public relations official with Appalachian Power.
The companies filed their request with the Public Service Commission on Tuesday, March 4, 2014.
The additional money would plug a gap between the amount currently being collected and projected expenditures through the next annual filing period, according to the companies’ prepared press release.
The monthly bill for a residential customer using 1,000 kilowatt-hours per month would increase from $94 to just over $98, an increase of 4.4 percent.
The companies also are seeking approval to acquire half of the Mitchell Plant near Moundsville from AEP Generation Resources.
APCO and Wheeling Power serve about 478,500 customers in 23 West Virginia counties.