Appalachian Power has filed a new case with state regulators asking for a rate increase.
Instead of the roughly 17 percent increase it had previously sought, it is proposing instead to spread out the cost over time through securitization, resulting in a smaller 4 percent increase.
The West Virginia Public Service Commission dismissed the company’s earlier rate filing amid a torrent of opposition from residents, local officials and school districts concerned about the rising cost of their bills…