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@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@firstenergycorp.commailto:astagge@firstenergycorp.com> Date: Wed, Apr 30, 2014 at 4:19 PM Subject: Mon Power Rate Filing Today To: citycouncilward7@cityofmorgantown.orgmailto: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. 304-534-7356tel:304-534-7356
(See attached file: 2014-04-30 Mon Power and Potomac Edison File Rate Request with WV PSC.pdf)
----------------------------------------- The information contained in this message is intended only for the personal and confidential use of the recipient(s) named above. If the reader of this message is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that you have received this document in error and that any review, dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please notify us immediately, and delete the original message.