Allegheny Power Looks To Raise Rates

By: Associated Press
By: Associated Press

Charleston, W.Va. (AP) -- Allegheny Power is asking the West Virginia Public Service Commission to raise its rates by about 18 percent.

The company made the request on Friday. If approved, a residential customer using 1,000 kilowatt hours would pay $86 a month beginning Jan. 1, up from $73.

The subsidiary of Allegheny Energy blames a 236 percent rise in coal prices since 2007, saying it needs to recover an additional $173 million in fuel and purchased costs.

The company, which has about 490,000 customers in West Virginia, also operates power plants and utilities in Pennsylvania, Maryland and Virginia.

The PSC also is reviewing requests from seven of West Virginia's largest natural gas companies seeking rate increases of up to 46 percent.

(Copyright 2008 by the associated press. All rights reserved.)


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by tammy Location: parkersvurg on Aug 30, 2008 at 07:18 AM
    HOW DO THEY EXPECT PEOPLE TO HEAT THERE HOMES WITH THE GAS COMPANY CHARGING SO MUCH. PEOPLE HAVE TURNED TO ELECTRIC. BUT NOW THEY ARENT GONING TO BE ABLE TO AFFORD IT EITHER. SO HOW MANY DEATHS ARE THERE GOING TO BE THIS WINTER BECAUSE NO CAN'T AFFOR EITHER GAS OR NOW ELECTRIC TO HEAT WITH.
TheNewsCenter One Television Plaza Parkersburg, WV. 26101 304-485-4588
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 27671334 - thenewscenter.tv/a?a=27671334
Gray Television, Inc.