Energy customers urged to speak out on rate hike
CHARLESTON – AARP West Virginia is encouraging West Virginians served by Mon Power and Potomac Edison, First Energy Corp.’s operating electric utility providers in the Mountain State, to attend a series of upcoming public hearings, as the Public Service Commission of West Virginia (WV PSC) considers approval of a proposed 17 percent rate hike that will impact approximately 525,000 customers in 40 West Virginia counties.
In April, Mon Power and Potomac Edison filed a request with the WV PSC for a $144 million net increase in current rates. The proposed increase includes a $95.7 million base rate increase, a $48.4 million surcharge for expenses related to vegetation management. Separately, First Energy requested revised depreciation rates that would require a $17 million increase in annual revenues for the operating companies, incorporated into the aforementioned base rate request.
In June, First Energy amended its filing to include $7.5 million in projected costs associated with monthly meter reading requirements, which resulted from a general billing investigation and order by the WV PSC.
The WV PSC will host a series of public hearings on this rate case (WV PSC Case #14-0702-E-42T) in three communities during the month of October:
– Flatwoods: 1 p.m. and 6 p.m. Oct, 1, Days Hotel Conference Center, 350 Days Drive.
– Morgantown: 1 p.m. and 6 p.m., Oct. 2 Waterfront Place Hotel, 2 Waterfront Place
– Shepherdstown: 1 p.m. and 6 p.m. Oct. 6, Shepherd University Frank Arts Center, 260 University Drive