News Releases

Lower energy prices, combined with Appalachian Power (APCo) incorporating more renewable sources of power into its energy mix, resulted in the company requesting a reduction in its fuel factor rate from 4.139 ¢/kilowatt-hours (kWh) to 3.133 ¢/kWh from the Virginia State Corporation Commission (SCC). An approved interim rate resulting in monthly savings of $10.06 for a Virginia residential customer using 1,000 kWh will take effect Nov. 1. The fuel factor constitutes approximately 20% of a residential customer's electric bill.

Appalachian Power (APCo) customers will benefit from reduced financing costs for projects to rebuild or replace transmission lines serving 460,000 West Virginia customers through a loan guarantee administered by the U.S. Department of Energy’s Loan Program Office (LPO). American Electric Power (Nasdaq: AEP) today closed on loans totaling $1.6 billion to replace or rebuild nearly 5,000 miles of transmission lines across five states to meet the growing energy needs of customers and communities. 

Appalachian Power Company (APCo) and Wheeling Power Company (WPCo) (together, “APCo”) today filed their Integrated Resource Plans (IRP) to the Public Service Commission of West Virginia (PSC), fulfilling the requirements set forth by West Virginia Code § 24-2-19. The two comprehensive plans present potential strategies for meeting the energy and capacity needs of their customers over the next 10 years under different scenarios and assumptions.

One year after Hurricane Helene made landfall, we reflect on our effort to assist communities in rebuilding. The hurricane brought strong winds and heavy rain, causing extensive damage to homes, businesses, roads and electrical infrastructure. With nearly 500 miles of destruction, Helene was the deadliest hurricane to strike the mainland since Hurricane Katrina in 2005.

Appalachian Power and Wheeling Power received approval from the Public Service Commission of West Virginia (PSC) to use a process known as securitization to lower customer rates.

Appalachian Power (APCo) and Wheeling Power have received an order in their recent base case from the Public Service Commission of West Virginia (PSC) that indicates a desire to support the company’s securitization plans to mitigate the impacts of this rate increase on customers. The PSC’s decision directly recognizes the benefits of the company’s proposed securitization plan.

Appalachian Power plans to upgrade the transmission system in Kanawha County as part of the Chemical-Washington Street Transmission Line Rebuild Project. The project team plans to host an open house for the community to learn about the project and share feedback.

Appalachian Power (APCo) wants boaters, kayakers, tubers and other recreational users downstream of Leesville Dam to know water levels on the Roanoke River could rise rapidly starting on Sunday, August 17, and possibly fluctuate through the early part of next week.

In an application filed with the Virginia State Corporation Commission (SCC), Appalachian Power is requesting approval to securitize certain company assets to minimize future financial impacts to customers.

Scammers often take advantage of extreme weather conditions to prey on vulnerable individuals, using high-pressure tactics to demand immediate payment, threaten disconnection or claim to partner with us to lower your bill through solar installation.