ELECTRIC UTILITIES WANT 12% HIKE

(03/02/2007)

Two American Electric Power subsidiaries are asking state regulators to approve a rate increase worth 100 million dollars a year. If the Public Service Commission approves the 12 percent rate hike, residential customers of Appalachian Power and Wheeling Power who use one-thousand kilowatt-hours a month would see their monthly bills increase by nearly $6.50 a month. The increase would go in effect on July 1. The PSC approved a settlement agreement with the utilities in July 2006 that allows for periodic adjustment of rates to pay for environmental construction projects, fuel and purchased power. Appalachian Power serves customers in West Virginia. Wheeling Power's customers are primarily in Marshall and Ohio counties.

Hur Herald ®from Sunny Cal The information on these pages, to the extent the law allows, remains the exclusive property of Bob Weaver and Dianne Weaver The Hur Herald. All information may be freely used but must not be sold or used in any type of commercial endeavor, or used on any web site without the express permission of the owners ©Bob and Dianne Weaver, The Hur Herald, 1999, 2000, 2001