Appalachian Power seeks 11% rate increase for Virginia customers

Appalachian Power, the second largest electric utility in Virginia, is seeking an 11% increase in rates paid by consumers residing in the commonwealth to pay for electric transmission costs.

If approved, Appalachian Power would increase the Transmission Rate Adjustment Clause from $225.1 million to $337.7 million, which is a $112.6 million increase. It would increase the monthly bill for a customer by $11.52 for every 1,000 kilowatt hours. It would go into effect in July 2021.