FirstEnergy Customers Could See Monthly Bills Increase by $9
FirstEnergy customers in West Virginia could see their monthly bills go up $9 if the Public Service Commission approves two proposed settlement agreements.
The Charleston Gazette-Mail reports that the FirstEnergy could get an additional $133.6 million in revenue from customers next year under the agreements.
That means that an average residential customer who uses 1,000 kilowatts a month could see a $9.04 increase in their monthly bills.
FirstEnergy, the parent company of MonPower and Potomac Edison, initially asked for an annual increase of $37.6 million so it can expand tree trimming efforts and $165 million for fuel costs and other expenses.
The settlement agreements reduce some of the company's initial requests. They also require mandatory meetings with energy efficiency proponents, among other things.