PSC works on schedule for Mon Power rate hike case - West Virginia MetroNews
PSC works on schedule for Mon Power rate hike case - WV MetroNews
CHARLESTON, W.Va. — The state Public Service Commission is finalizing a schedule it will use to consider a proposed base rate increase from Mon Power and Potomac Edison.
A formal schedule will be released on July 7.
According to the companies, since the last rate review in 2014, Mon Power and Potomac Edison have increased their customer base by about 25,000 and invested about $1 billion in their systems.
If the rate increase is approved, a residential customer using 1,000 kilowatt hours per month would have a 15 percent increase in their bill, or about $18.07 per month. In a press release, company officials said, “If approved, Mon Power and Potomac Edison customers would continue to pay the
lowest electric rates among West Virginia’s investor-owned regulated electric companies.”
The PSC will begin evidentiary hearings on January 24, 2024, in Charleston.
The PSC also received petitions to intervene from West Virginia Community Advancement and Development, West Virginia Energy Users Group, Longview Power, Citizens Action Group, Solar United Neighbors, and Energy Efficient West Virginia.
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