Monthly bills set to rise as Appalachian Power proposes rate increase

Richmond, Virginia – Appalachian Power has settled with state regulators on a proposed rate hike.

Under this proposal, the average monthly bill for a residential customer, categorized as those consuming 1,000 kilowatts monthly, would see an increase of $16.

Previously, AEP had submitted a request to the State Corporation Commission, seeking approval for a rate augmentation that would raise monthly bills by $25.

Should the proposal gain approval, the new rates will be implemented from January onward. This adjustment is projected to boost AEP’s annual revenue by $127.3 million.

Viola Higgins

I’m a mother of 2 little angels that I continuously try to figure out and spend the other half figuring out how to be a great wife. Writing is my passion and I write regularly for the Virginian Tribune and several other national news outlets.

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