PUBLIC SERVICE COMMISSION OF WEST VIRGINIA
POWER COMPANY and,
THE POTOMAC EDISON
Petition and General Investigation to determine reasonable rates and charges on and after January 1, 2023
NOTICE OF FILING AND HEARING
On August 25, 2022, Monongahela Power Company and The Potomac Edison Company (collectively, Companies) requested that the Commission initiate its annual review of Expanded Net Energy Costs (ENEC), including a review of actual costs and recoveries for the review period of July 1, 2021 through June 30, 2022, and to establish new rates to go into effect on January 1, 2023. The Companies request that the Commission approve rates that will result in a projected total annual revenue of $183,796,693. This amount consists of a deferred ENEC under-recovery balance of $144,861,585 as of June 30, 2022, and a projected $27,338,472 under-recovery for the 2023 forecasted rate effective period. The proposed increase also includes continued recovery of boiler modernization capital costs for MATS/CSAPR compliance in the amount of an $11,596,636 revenue requirement for 2023. In support of the rate request, the Companies filed direct testimony from five witnesses.
The proposed ENEC rates represent a 12.2% increase in total rates with an impact to the average residential customer using 1,000 kWhs per month being an increase in monthly bills from $115.05 to $126.10 or 9.6%
This matter is scheduled for an evidentiary hearing on Thursday December 8, 2022. The hearing will begin at 9:30 a.m. in the Howard M. Cunningham Hearing Room at the Public Service Commission, 201 Brooks Street, Charleston, West Virginia. The Commission may cancel the evidentiary hearing for good cause shown. Interested persons intending to attend the hearing should monitor the Commission web docket.
Anyone desiring to intervene should file a written petition to intervene not later than November 10, 2022. All petitions to intervene should briefly state the reason for the request to intervene and comply with the rules on intervention set forth in the Commission’s Rules of Practice and Procedure. The Commission will receive public comments until the beginning of the hearing. All written comments and petitions to intervene should state the case name and number and be addressed to Karen Buckley, Executive Secretary, P.O. Box 812, Charleston, West Virginia 25323. Public Comments may also be filed online at http://www.psc.state.wv.us/scripts/onlinecomments/default.cfm by clicking the “Formal Case” link.
THE POTOMAC EDISON