I am not clear on the math here. Mon Power says that this is a 9.3 % rate increase, but their numbers for a typical residential customer come in at 15.3 % increase.
I realize that the Club signed on to the Settlement Agreement authorizing the Harrison transfer, but how much of this can we challenge?
Jim Kotcon
________________________________
From: Nancy Ganz <nancyganz7(a)gmail.com>
Sent: Wednesday, April 30, 2014 6:57 PM
To: James Kotcon; Chris Haddox
Subject: Fwd: Mon Power Rate Filing Today
Please forward this to the green team for comment and advice on this issue.
Thanks
Nancy
---------- Forwarded message ----------
From: <astagge(a)firstenergycorp.com<mailto:astagge@firstenergycorp.com>>
Date: Wed, Apr 30, 2014 at 4:19 PM
Subject: Mon Power Rate Filing Today
To: citycouncilward7(a)cityofmorgantown.org<mailto:citycouncilward7@cityofmorgantown.org>
I wanted to inform you that today, Mon Power filed with The Public Service
Commission of West Virginia (PSC), a request for an increase in base rates
of approximately $96 million, which represents an overall increase of 9.3%.
Approval of this filing will help ensure continued safe and reliable
electric generation for our customers in West Virginia. In addition, new
jobs and additional tree trimming will help reduce the number and length of
service interruptions and better meet anticipated load growth.
The attached news release outlines the filing.
The PSC will schedule public hearings as part of the rate case proceeding.
As hearings are scheduled, notice will be given on the time, date and place
of the hearings. Any increase in rates would not become effective until
approved and authorized by the PSC, which we anticipate will not be until
February 2015.
If you have any questions, please let me know.
Sincerely,
Allen Staggers
Manager, External Affairs
FirstEnergy Corp.
304-534-7356<tel:304-534-7356>
(See attached file: 2014-04-30 Mon Power and Potomac Edison File Rate
Request with WV PSC.pdf)
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