W.Va. PSC sets hearings on electricity rate hike
MARTINSBURG, W.Va. — State regulators will hold public hearings in October on two FirstEnergy subsidiaries’ request for a $151.4 million rate increase.
Monongahela Power and Potomac Edison submitted the request to the Public Service Commission in April. The proposal was amended in June to add costs associated with reading customer meters.
The Journal reports that the proposed increase includes $103 million in base rate charges and $48.4 million for vegetation management.
If the rate hike is approved, the monthly bill for a typical residential customer using 1,000 kilowatt hours would increase from $92.62 to $106.79.
The PSC has scheduled hearings Oct. 1 in Flatwoods, Oct. 2 in Morgantown and Oct. 6 in Shepherdstown.
— The Associated Press