Friday, May 22, 2009

SCC SEEKS COMMENTS ON APPALACHIAN POWER FUEL RATE REQUEST; SCHEDULES PUBLIC HEARING

SCC SEEKS COMMENTS ON APPALACHIAN POWER FUEL RATE REQUEST; SCHEDULES PUBLIC HEARING

RICHMOND — The State Corporation Commission (SCC) will hold a public hearing on June 30, 2009 to consider a request by Appalachian Power to increase the portion of the electric bill that pays for the fuel used to generate electricity.

Written comments will be accepted through June 23.

As proposed by the company, the monthly bill of a typical residential customer would increase by approximately 13 percent. The company offered an alternative proposal that would result in partial recovery through August 2010, leaving the remainder to be recovered thereafter.

The proposed alternative would result in an increase of 9.6 percent for the same customer through August 2010.

Appalachian Power seeks to raise its current fuel rate from 2.160 cents per kilowatt-hour (¢/kwh) to 3.381 ¢/kwh. Under the alternative method, the fuel rate would be set at 3.050 ¢/kwh and would be increased after August 2010 to recover any remaining actual fuel costs incurred.

In its order scheduling the case, the Commission declined to put into effect an interim rate increase pending the final order in this case. The company asked for a July 1, 2009 interim rate increase.

A public hearing on the request is scheduled for 10 a.m. on Tuesday, June 30, 2009. It will be held in the Commission’s second floor courtroom located in the Tyler Building, 1300 East Main Street, in downtown Richmond. Any person wishing to comment at the hearing should arrive early and notify the SCC bailiff.

The SCC intends to webcast the audio portion of the hearing via the Internet. Instructions can be found on the SCC website at http://www.scc.virginia.gov/case.

Written comments on the proposals must be submitted by June 23, 2009. All correspondence should be sent to the Clerk of the State Corporation Commission, Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118, and refer to case number PUE-2009-00038.

Interested persons desiring to submit comments electronically may do so at the SCC’s website: http://www.scc.virginia.gov/case. Click on the PUBLIC COMMENTS/NOTICES link and then the SUBMIT COMMENTS button for case number PUE-2009-00038.
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Case PUE-2009-00038

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