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May 31st, 2008, 08:25 AM
#1
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turn out the lights
"On Friday Appalachian Power, a subsidiary of American Electric Power, filed two separate requests with the Virginia State Corporation Commission.
The first filing asks permission to increase the company's base rate, which would raise customer costs by an average of 23.9 percent or $207.9 million a year. If approved, a residential customer using 1,000 kilowatt hours a month would pay $88.01, up from the current bill of $71.48.
The company is asking for a final decision in the matter within 150 days to avoid the implementation of interim rates.
The proposed increases would take effect this fall or winter."
From the Kpt Times
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