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Wednesday, July 20, 2005

APCO Electric Hike Delayed

Good news for the residents of Lynchburg, the proposed rate hike on electric service has been delayed. But, maybe not for long, a new statue, the State Corporation Commission, has required has slowed the process. The State Corporation Commission is concerned if it can authorize an increase of nearly 9.2 percent. Legal arguements are to be submitted in September. After all is said and done, you may see an increase later this year.

To read more on this go to The News and Daily Advance.


(Local news)

2 Comments:

At 10:01 AM, Anonymous Anonymous said...

Is Appalacian Power hydroelectric or nuclear?

 
At 10:10 AM, Blogger B O B said...

This is from AEP:
AEP owns and operates about 80 generating stations in the United States, with a capacity of more than 36,000 megawatts.
While the size of the fleet is significant, it's the efficiency - and the resulting reliability and operational economies - that has earned AEP its reputation as a pioneering, innovative, dependable, low-cost producer of power.

AEP believes strongly in the merits of fuel diversity in generating electricity, and its own generating fleet reflects that belief. Today, coal-fired plants account for 73 percent of AEP's generating capacity, while natural gas represents 16 percent and nuclear 8 percent. The remaining 3 percent comes from wind, hydro, pumped storage and other sources. AEP's recent investments in wind facilities have made it one of the nation's leaders in that renewable resource.

 

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