Appalachian Power Requests Fuel Rate Decrease for Virginia Customers
September 09, 2020
September 09, 2020
ROANOKE, Virginia, Sept. 9 -- Appalachian Power issued the following news release:
Appalachian Power, a utility subsidiary of American Electric Power (NYSE: AEP), has filed its annual fuel factor update with the Virginia State Corporation Commission (SCC) and is requesting a reduction in the fuel rate for its Virginia customers.
Fuel costs are about 20 percent of a residential customer's electric bill. The fuel factor recovers those costs, which are mostly for natu . . .
Appalachian Power, a utility subsidiary of American Electric Power (NYSE: AEP), has filed its annual fuel factor update with the Virginia State Corporation Commission (SCC) and is requesting a reduction in the fuel rate for its Virginia customers.
Fuel costs are about 20 percent of a residential customer's electric bill. The fuel factor recovers those costs, which are mostly for natu . . .