DOE Proposes Rate Hike, Revised True-Up for Kerr-Philpott Power System
May 15, 2025
May 15, 2025
WASHINGTON, May 15 (TNSFR) -- The U.S. Department of Energy Southeastern Power Administration (SEPA) has issued a notice proposing adjustments to wholesale power rates and a revision of the true-up mechanism for the Kerr-Philpott System, affecting service across Virginia and North Carolina.
The proposed changes, which would be effective from October 1, 2025, through September 30, 2030, aim to align revenue recovery with increased costs identified in a new repayment study released in . . .
The proposed changes, which would be effective from October 1, 2025, through September 30, 2030, aim to align revenue recovery with increased costs identified in a new repayment study released in . . .