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SWEPCO Asks for $17.8 Million Rate Increase
posted 11/03/09
11:31 am
SWEPCO officials say the cost-of-service increase would cost the average customer an additional $3.84 per month.
The increase comes after Shreveport, La.-based SWEPCO reached an agreement with the PSC staff, state attorney general's office and opponents in the case. The agreement calls for SWEPCO not to include any recovery costs for construction of a $2.1 billion coal plant in Hempstead County.
The company asked the PSC to rule on the request by November 25th so it can include the increase in its December bills.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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Latest Comments on "SWEPCO Asks for $17.8 Million Rate Increase"
posted by: Lumberjack on 10:05 pm on 11/03/09
I think an "I told you so" is in order. We're getting the pollution from this plant and Louisiana/Texas will get the power. Now they want to raise rates under the guise of something other than recovery costs. To the Arkansas PSC -deny their request with extreme prejudice!
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