Pleasants Power Purchase Under Consideration in West Virginia PSC Order
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.