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News | News Release Contact: Andy Farmer, (804) 371-9141
For Immediate Release: May 01, 2012
Listen speaker image SCC SEEKS COMMENTS ON APPALACHIAN POWER RATE HIKE REQUEST; SCHEDULES PUBLIC HEARING

RICHMOND — The State Corporation Commission (SCC) will hold a public hearing on June 13, 2012, on a request by Appalachian Power Company for an increase in its fuel factor. The company says the increase is necessary to cover the higher costs of fuel used to generate electricity.

Appalachian Power seeks to increase its fuel factor by 0.756 cents per kilowatt-hour (¢/kWh) from 2.197¢/kWh to 2.953¢/kWh. The proposed fuel factor will increase a customer’s monthly bill by $7.56 for each 1,000 kWh of electricity used. To mitigate the customer impact of the rate increase, the company proposes to recover the balance over a two-year period.

A public hearing on the request is scheduled for 10 a.m. on Wednesday, June 13, 2012. It will be held in the Commission’s second floor courtroom located in the Tyler Building, 1300 East Main Street, in downtown Richmond. Any person wishing to comment at the hearing should arrive early and notify the SCC bailiff.

Written comments on the proposal must be submitted by June 6, 2012. All correspondence should be sent to the Clerk of the State Corporation Commission, Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118, and refer to case number PUE-2012-00051.

Interested persons desiring to submit comments electronically may do so at the SCC’s website: www.scc.virginia.gov/case. Click on the PUBLIC COMMENTS/NOTICES link and then the SUBMIT COMMENTS button for case number PUE-2012-00051.

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Case Number PUE-2012-00051