A settlement is up for approval in a big and longstanding cost recovery case for power companies. The upshot for customers of Appalachian Power and Wheeling Power is that they’re unlikely to see a rate increase if the unique terms of the settlement are approved by the West Virginia Public Service Commission. “We are confident this settlement will achieve the most stable outcome and least rate impact possible for our West Virginia customers,” said Aaron Walker, Appalachian Power president and chief operating officer. “We encourage the PSC to approve the settlement, which will keep customer bills affordable and support a reliable energy system.” Representatives of Appalachian Power and Wheel
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