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Appalachian Power seeks to raise Va rates

Friday - 3/29/2013, 5:40pm  ET

ROANOKE, Va. (AP) -- Appalachian Power is seeking to increase electric rates for its Virginia customers.

The company asked the State Corporation Commission on Friday to approve its request to address higher generation and environmental costs.

Appalachian Power's request would be for a 4 percent increase, but that would be offset by other surcharges that are set to expire.

In April, the bill for a typical residential customer using 1,000 kilowatt-hours is set to fall from $112.20 to $109.80.

If the new requests are approved, the typical residential monthly bill would increase to $113.90 early next year.

The company has 500,000 customers in Virginia.

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