CHARLESTON, WV (WVDN) – The Public Service Commission of West Virginia approved a joint stipulation and agreement to settle a proposed vegetation management surcharge case filed by Monongahela Power Co. and The Potomac Edison Co.
The settlement was reached between the companies, the Commission Legal Division, the Consumer Advocate Division, and the West Virginia Energy Users Group. The case involved company plans to maintain vegetation control along transmission and distribution lines.
“No parties raised significant issues with the filing,” the order said. “The parties have represented that the joint stipulation was a fair and reasonable settlement.”
The agreement provides for a $17 million rate increase over a two-year period, which will increase overall rates by 1 percent.
As part of the settlement, the Commission said it would “continue a regular review” of the program costs to ensure the rates recovered “will match reasonable expenditures.”
The companies filed for the increase on August 21, 2023.
More information on this case can be found on the PSC website: www.psc.state.wv.us. Click on “Case Information” and access Case No. 23-0736-E-P
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