Va. regulators get comments on ApCo rate hike request
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Associated Press
Published: September 4, 2008
RICHMOND, Va. (AP) — Virginia regulators say they’ve received about 2,000 comments on Appalachian Power’s request to raise electrical rates in Western Virginia.
State Corporation Commission spokesman Ken Schrad says most, if not all, of the written comments are expressions of protest against the proposed rate hikes.
Officials are gathering written comment to three proposals that would, overall, increase electric bills more than 30 percent. If approved the typical electrical bill could rise from about $70 to $100 a month.
Appalachian Power says it needs the increases to cover higher overhead and improve the company’s financial performance. The company says it is paying substantially more for coal used to make electricity and has installed anti-pollution equipment to protect the environment.
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