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.

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