JAN 3, 2023
An order from the West Virginia Public Service Commission last week approving rate increases for two power companies also included a provision for those companies to evaluate the possible purchase of the Pleasants Power plant.
In an order issued Friday, the PSC approved a $91.9 million increase in the Expanded Net Energy Costs (ENEC) surcharge requested by FirstEnergy subsidiaries Monongalia Power Co. and Potomac Edison Co. The increase amounts to a 4.8% increase for residential customers, from $115 per month to nearly $120 per month for residential customers using on average 1,000 kilowatt hours per month.
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