PSC grants $76 million increase of Appalachian Power’s $250.5 million ask
CHARLESTON, W.Va. — The state Public Service Commission has turned down more than half of Appalachian Power Company’s request for a $250.5 million base rate increase. The PSC approved $76.1 million in an order issued late Thursday and at the same time told the utility it cannot collect the increase through traditional means. “The companies…