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.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Prostitution sting nets 31 arrests

    Prostitution sting nets 31 arrests

    Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
    31 people are in trouble with the law after a three day prostitution sting in Richmond. Police told NBC12 they targeted specific areas where residents and business owners complained about the illegal activity.
  • Fugitive sex offender captured in Roanoke

    Fugitive sex offender captured in Roanoke

    Fugitive sex offender captured in Roanoke

    Wednesday, July 30 2014 12:41 AM EDT2014-07-30 04:41:44 GMT
    ROANOKE (WSLS) - A man wanted for sex crimes against a minor was captured in Roanoke during a traffic stop.
    ROANOKE (WSLS) - A man wanted for sex crimes against a minor was captured in Roanoke during a traffic stop.
  • Bedford Sheriff Department searches home on Nemmo Road

    Bedford Sheriff Department searches home on Nemmo Road

    Tuesday, July 29 2014 4:19 PM EDT2014-07-29 20:19:56 GMT
    There was a flurry of police activity Monday in Bedford County.
    There was a flurry of police activity Monday in Bedford County.
  • Franklin County accident causes lane closures on Brooks Mill Road

    Franklin County accident causes lane closures on Brooks Mill Road

    Franklin County accident causes lane closures on Brooks Mill Road

    Wednesday, July 30 2014 5:16 AM EDT2014-07-30 09:16:44 GMT
    FRANKLIN COUNTY (WSLS) - State Police are on the scene of an accident on Brooks Mill Road (Rt. 834) near the Ponderosa campground.
    FRANKLIN COUNTY (WSLS) - State Police are on the scene of an accident on Brooks Mill Road (Rt. 834) near the Ponderosa campground.
  • Fugitive sex offender captured in Roanoke

    Fugitive sex offender captured in Roanoke

    Fugitive sex offender captured in Roanoke

    Wednesday, July 30 2014 12:41 AM EDT2014-07-30 04:41:44 GMT
    ROANOKE (WSLS) - A man wanted for sex crimes against a minor was captured in Roanoke during a traffic stop.
    ROANOKE (WSLS) - A man wanted for sex crimes against a minor was captured in Roanoke during a traffic stop.
  • Roanoke Police investigate shots fired incident

    Roanoke Police investigate shots fired incident

    Tuesday, July 29 2014 10:37 PM EDT2014-07-30 02:37:03 GMT
    On July 29, 2014 at 6:08 p.m. Roanoke Police were dispatched to the 1200 block of Orange Avenue NE to investigate a shots fired call. Immediately upon arrival officers detained several subjects believed to have been involved in the incident. The preliminary investigation suggests the individuals involved were traveling in two different vehicles on Hollins Road when at least one of the occupants in one of the vehicles starting shooting at the other vehicle. The vehicles separated briefly and t...
    On July 29, 2014 at 6:08 p.m. Roanoke Police were dispatched to the 1200 block of Orange Avenue NE to investigate a shots fired call. Immediately upon arrival officers detained several subjects believed to have been involved in the incident. The preliminary investigation suggests the individuals involved were traveling in two different vehicles on Hollins Road when at least one of the occupants in one of the vehicles starting shooting at the other vehicle. The vehicles separated briefly and t...
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.