SCC Denies Appalachian Power Request for Rate Increase
November 25, 2020
November 25, 2020
RICHMOND, Virginia, Nov. 25 -- The Virginia State Corporation Commission issued the following news release:
Appalachian Power Company has earned a rate of return (profit) that is within the range authorized by Virginia utility law for calendar years 2017, 2018 and 2019. The State Corporation Commission (SCC) made the finding following a triennial financial review of the company in which it was seeking an increase in rates.
The SCC order means Appalachian Power does not . . .
Appalachian Power Company has earned a rate of return (profit) that is within the range authorized by Virginia utility law for calendar years 2017, 2018 and 2019. The State Corporation Commission (SCC) made the finding following a triennial financial review of the company in which it was seeking an increase in rates.
The SCC order means Appalachian Power does not . . .