Appalachian Power explains possible rate increase - WSLS 10 NBC in Roanoke/Lynchburg Va

Appalachian Power explains possible rate increase

Posted: Updated:
ROANOKE, VA -

Appalachian Power customers, get ready for a possible increase on your power bills.

The company is asking the Virginia State Corporation Commission (SCC) for a $49.9 million increase for money it says it's lost over the past four years.

WSLS wanted to know what the costs would cover. John Shepelwich, a spokesperson for APCo says the cost of producing power has gone up for the company.

"These are those costs that we cannot control as a company that may be mandated costs or that are uncontrolled in a sense in that they can fluctuate such as fuel costs or environmental costs. The transmission rack is the same way."

Shepelwich says past infrastructure improvement costs have also added to the bill.

The proposed increase is meant to recoup money lost in the past, not the future.

The $49.9 million increase means customers who use 1,000 kilowatt hours a month will see an increase of $3.98, or a 3.6% increase.

Shepelwich says the company is working to keep those fees low for customers by stretching out the process.

"We've mitigated the cost as best as we can and stretched it out over a 19 month collection period rather than 12 months."

The rate increase wouldn't be seen by customers until May 2014. The SCC is expected to make a decision on the increase between March and April of 2014.

  • Gaza truce unravels within hours

    Gaza truce unravels within hours

    Friday, August 1 2014 5:34 AM EDT2014-08-01 09:34:07 GMT
    A three-day cease-fire in the Gaza Strip has gone into effect following heavy Israel-Hamas fighting.
    A three-day Gaza cease-fire that began Friday quickly unraveled, with Israel and Hamas accusing each other of violating the truce as four Palestinians were killed in a heavy exchange of fire in the southern town of Rafah.
  • Ukrainian troops suffer heavy loss in ambush

    Ukrainian troops suffer heavy loss in ambush

    Friday, August 1 2014 5:33 AM EDT2014-08-01 09:33:44 GMT
    Ukrainian authorities said Friday that at least 10 government troops were killed in an ambush by pro-Russian separatists in an area near the wreckage of Malaysia Airlines Flight 17, but international inspectors...
    A team of several dozen international investigators descended Friday on the Malaysia Airlines Flight 17 crash site in eastern Ukraine to begin combing an area now designated as a crime scene.
  • UN: Iraq deaths drop to 1,700 in July

    UN: Iraq deaths drop to 1,700 in July

    Friday, August 1 2014 5:15 AM EDT2014-08-01 09:15:08 GMT
    The United Nations says 1,737 people, mostly civilians, were killed in Iraq in July, marking a dramatic decline from the previous month, when some 2,400 people were killed as Sunni militants swept across large...
    The United Nations says 1,737 people, mostly civilians, were killed in Iraq in July, marking a dramatic decline from the previous month, when some 2,400 people were killed as Sunni militants swept across large parts of the...
Powered by WorldNow

WSLS 10, P.O. Box 10
Roanoke, VA 24022-0010

Telephone: 540.981.9110
Fax: 540.343.3157
Email: news@wsls.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.