CHARLESTON, W.Va., – Appalachian Power, along with Wheeling Power, yesterday submitted a petition to the Public Service Commission of West Virginia (PSC) to update current rates for the Modified Rate Base Cost (MRBC) tracker and surcharge mechanism.
Initially approved in August 2021, the tracker allows limited recovery of costs associated with infrastructure investments made between base rate cases.
The MRBC is designed to provide timely cost recovery of incremental investments . . .