Appalachian Power rate increase

Filed

May 29, 2026

Decision expected

January 2027

Requested effective

March 2027

Requested increase

$61.4 million

Approved increase

Pending

Docket

PUR-2026-00044

APCo asked the SCC for a net $61.4 million annual base rate increase at a 10.5% ROE (now 9.75%). It says a home using 1,000 kWh would pay about $9.10 more a month, after securitization savings. The SCC must rule by Jan. 15, 2027, and new rates could start in March 2027. A separate renewable-energy (RPS) filing would add about $3.99 a month.

Filed

Not disclosed

Decided

April 16, 2026

Effective

June 1, 2026

Requested increase

Not disclosed

Approved increase

$40.1 million

Docket

Case No. 24-0289-E-P (reopened) et al.

Instead of a new rate case, the PSC offered and APCo and Wheeling Power accepted a 4% inflation increase to residential and commercial base rates (2.5% industrial), about $40.1 million a year, from June 1, 2026. In return they agreed not to file a base rate case before June 1, 2027. APCo puts the impact at $4.84 a month at 1,000 kWh. Customer groups have appealed to the WV Supreme Court.

Filed

July 10, 2025

Decided

November 24, 2025

Effective

May 2026

Requested increase

Not disclosed

Approved increase

Not disclosed

Docket

PUR-2025-00116

Under a 2025 state law, the SCC approved APCo's plan to refinance about $1.2 billion of Amos and Mountaineer plant costs and $141 million of 2024-2025 storm costs with bonds (financing order Nov. 24, 2025). APCo issued about $1.4 billion of 20-year bonds in May 2026, adding a bond-cost charge and a base rate reduction credit. APCo estimated savings of $11.44 a month at 1,000 kWh vs usual recovery.

Filed

2025

Decided

March 31, 2026

Effective

Not disclosed

Requested increase

Not disclosed

Approved increase

Not disclosed

Docket

Case No. 25-0310-E-PC

The PSC's March 31, 2026 financing order lets APCo and Wheeling Power issue about $2.6 billion of bonds, updated in July 2026 to $2.7 billion ($1.7 billion for APCo). The bonds cover unrecovered fuel costs, Amos, Mitchell and Mountaineer plant balances, environmental costs and storm costs. The PSC says bond financing avoids an equity return and income taxes. Issuance is expected in Q4 2026.

Filed

Not disclosed

Decision expected

—

Effective

November 1, 2025

Requested increase

Not disclosed

Approved increase

Not disclosed

Docket

Not disclosed

APCo asked the SCC to cut its Virginia fuel factor from 4.139 to 3.133 cents per kWh, citing lower energy prices and more renewable purchases. The lower rate took effect on an interim basis Nov. 1, 2025, saving about $10.06 a month at 1,000 kWh. Fuel is passed through to customers at cost with no profit to the utility.

Filed

November 1, 2024

Decided

August 28, 2025

Effective

August 28, 2025

Requested increase

$250.5 million

Approved increase

$91 million

Docket

Case No. 24-0854-E-42T

APCo and Wheeling Power sought $250.5 million (14.6%). In August 2025 the PSC approved $76.1 million, raised to $91.0 million in February 2026 when it set a 9.75% ROE on reconsideration. The PSC kept customer bills unchanged; the increase is being deferred and added to the balance to be securitized.

Filed

March 28, 2024

Decided

November 20, 2024

Effective

2025

Requested increase

$95.1 million

Approved increase

$9.77 million

Docket

PUR-2024-00024

APCo asked for a $95.1 million base rate increase (later cut to about $64 million after filing errors), citing tree-trimming, deferred fuel carrying costs and higher O&M. The SCC approved $9.77 million a year, effective in 2025; news reports put the residential impact at under $2 a month. The SCC also ordered steps to reduce disconnections.