From: Frank Young
[mailto:fyoung@mountain.net]
Sent: Monday, June 11, 2007 10:10
PM
To: Lew; WVHCBOARD@yahoogroups.com
Cc: Jim Kotcon; Bill DePaulo; Dave
Saville; Grubb, Karen
Subject: Allegheny proposes rate
increase for proposed transmission line
Allegheny proposes
rate increase for proposed transmission line
The Greensburg, Pa.-based electric company asked the
Public Service Commission for a 4.2 percent rate hike last week because of a
Federal Energy Regulatory Commission decision, Allegheny spokesman Allen
Staggers said. Allegheny did not ask for an increase in March, when it filed
for PSC approval of the
Since then, however, the Federal Energy Regulatory
Commission has reconsidered the allocation of construction costs for the
project, prompting Allegheny to seek the rate increase, Staggers said.
Construction is expected to cost about $1.3 billion.
Allegheny's 492,000 residential customers in the state
would see their bills increase about 90 cents a month if the rate hike is
approved.
Allegheny plans to build the transmission line with
Richmond, Virginia-based Dominion Energy. The line would begin in
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Information from: The Dominion Post, http://www.dominionpost.com