Appalachian Power bills to rise in September
CHARLESTON, W.Va. (AP) — The West Virginia Public Service Commission has approved a request from Appalachian Power to add an infrastructure surcharge to customer bills.
That means customers will begin seeing a 6% increase on their monthly bills beginning in September, news outlets reported.
As part of the approval, Appalachian Power accepted a three-year moratorium that prohibits it from seeking any new base rate increases until at least June 30, 2024, officials said.
Appalachian Power originally requested $48.2 million to cover rate base increases, but the commission reduced that amount to $44.2 million, the agency said in a statement.
“With this Order, the Commission is underscoring the need for utility companies to invest in their infrastructure while we stabilize rates and avoid frequent large base rate increases,” Public Service Commission Chairman Charlotte Lane said in a statement.