Appalachian Power requesting state to increase certain electricity usage rates to pay for environmental plant improvements
Appalachian Power has requested permission to increase rates as a way to pay for environmental improvements to two plants which serve Virginia customers.
The power company has made a filing for the request with the Virginia State Corporation Commission, and should they receive approval, residential customers that use 1,000 kilowatt-hours of electricity per month would see a $2.50 rate increase starting next October.
“This investment in our existing coal plants is all about balance,” said Chris Beam, Appalachian Power president and COO. “While we are planning investments in renewables in both Virginia and West Virginia, consistent with state legislation, we also need to invest in these plants because they will continue to play an important role in maintaining affordability and reliability for our customers.”
It’s part of a $250 million investment to plant improvements to meet environmental regulations at the company’s John Amos and Mountaineer power plants.
Photo Courtesy: Appalachian Power
