MON POWER SEEKING 8% RATE INCREASE

(08/19/2015)
If approved by the WV Public Service Commission, Mon Power customers could see a rate increase beginning in January.

According to Todd Meyers, spokesperson for parent company First Energy, the annual request for 2016 rates is 8 percent.

"For our average residential customers, if our request is approved, that would be about an $8.79 increase to the bills come January first," Meyers estimated.

A number of economic factors play into the requested rate, Meyers said.

A PSC decision is not expected until the end of the year.