State Corporation Commission; Phase I Utility biennial rate review, reports.
Continued from last session
Summary
The bill tells the State Corporation Commission (SCC) how to evaluate Appalachian Power’s 2026 biennial rate review, limiting equity return increases unless they are justified by market‑based analysis. It also orders the SCC to examine the utility’s capacity‑procurement choice, transmission cost allocation, and plans for efficiency and weather‑related resilience, and to issue reports with recommendations. The goal is to keep customer costs low while ensuring the utility can access capital and maintain reliable service.
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