| Appalachian Power, along with subsidiary Wheeling Power, has proposed increasing Expanded Net Energy Cost and Vegetation Management Program rates by $152 million to allow the company to recover ongoing costs while raising monthly customer rates.
If the PSC approves the filings, a residential customer using 1,000 kilowatt-hours a month will see an increase of $13.88 or 10.9%.
In filings to the Public Service Commission of West Virginia, Appalachian Power stated it will increase Expanded Net Energy Cost rates by $82 million and Vegetation Management Program rates by $70 million to address around $90 million of unrecovered costs incurred through the end of last year.
The company noted the last increase came in July 2016.
Appalachian Power also proposed using $52 million in federal tax reform savings to moderate the increases, which would result in a net rate increase of $100 million.
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