VA Utilities Seek Rate Hikes Due to Rising Generation Fuel Costs
Allegheny Energy Inc. electric delivery subsidiary Allegheny Power requested permission last week from the Virginia State Corporation Commission (SCC) to recover the increased cost of purchasing power beginning July 1, 2007. With Dominion Virginia Power's similar filing earlier in the week, Allegheny's action marks the second such request last week by a Virginia utility due to the rising costs of power generation fuels.
Source: naturalgasintel.com