Settlement proposed between PSC, FirstEnergy in two rate increase cases

CHARLESTON, W.Va. — FirstEnergy customers in the Mountain State could potentially see their bills go up by around $9 if two rate increase cases are resolved through settlements with the Public Service Commission.

On Thursday, documents were filed with the PSC where the utility company would agree to take less than the $37.6 million for tree trimming and $165 million for fuel costs related to the take over of the Harrison Power Plant they requested nearly three months ago and settle for $133.6 million.

If approved, the vegetation management case would result in a $36.68 million increase and the expanded net energy case would result in a $96.9 million increase.

For the customer that uses an average of 1,000 kilowatts per month, this adds up to an estimated $9.04 increase in a monthly bill.

The settlement also includes other requirements such as meetings between FirstEnergy and energy efficiency groups and audits of coal purchase contracts.





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