PSC approves agreement to lower Apco rates
CHARLESTON, W.Va. -- On Friday, the Public Service Commission of West Virginia issued a final order that will reduce the "expanded net energy cost" rates or total cost of energy for Appalachian Power and Wheeling Power customers.
The order reduced the overall cost of providing power to customers from companies by more than $50 million, effective September 1. An average resident consuming 1,000 kilowatt-hour of electricity per month will see his bill go down by about $3 a month, according to a press release from the PSC. The companies, both subsidiaries of American Electric Power, serve about 478,500 customers in Boone, Cabell, Clay, Fayette, Greenbrier, Jackson, Kanawha, Lincoln, Logan, Marshall, Mason, McDowell, Mercer, Mingo, Monroe, Nicholas, Ohio, Putnam, Raleigh, Roane, Summers, Wayne and Wyoming counties.