CHARLESTON, WV (LOOTPRESS) – On Wednesday, two major electric power companies were granted an $88.8 million fuel cost increase, which was part of an overall $641.7 million ask made by Appalachian Power Company and Wheeling Power Company.
The decision by the Public Service Commission of West Virginia came as one part of three related cases over fuel costs that stretch back to March 1, 2021.
The increase OK’d is from Sept. 1, 2023, to Aug. 31, 2024. The Commission noted that none of the outside entities that intervened in the case challenged whether this award should be made.
The remaining issues remain open and before the Commission for further review.
More information on this case can be found on the PSC website: www.psc.state.wv.us. Click on “Case Information” and access Case Nos. 23-0377-E-ENEC.