VPS LEGALS/PUBLIC NOTICES - CVA
Details for VPS LEGALS/PUBLIC NOTICES - CVA
LEGAL NOTICE NOTICE TO THE PUBLIC OF A PETITION OF APPALACHIAN POWER COMPANY, FOR REVISION OF A RATE ADJUSTMENT CLAUSE PURSUANT TO § 56-585.1 A 6 OF THE CODE OF VIRGINIA WITH RESPECT TO THE DRESDEN GENERATING PLANT CASE NO. PUR-2024-00168 On November 26, 2024, Appalachian Power Company (“APCo” or “Company”) filed a petition (“Petition”) with the State Corporation Commission (“Commission”) pursuant to § 56-585.1 A 6 of the Code of Virginia (“Code”) and the Commission’s Final Order in Case No. PUR-2022-00150 for approval to recover costs associated with APCo’s Dresden Generating Plant (“Dresden”) through its generation rate adjustment clause (“G-RAC”). On December 10, 2024, APCo supplemented the Petition with a filing of schedules in accordance with 20 VAC 5-204-60 of the Commission’s Rules Governing Utility Rate Applications and Annual Informational Filings of Investor-Owned Electric Utilities, 20 VAC 5-204-5 et seq. Through its Petition, APCo proposes an annual revenue requirement of $33.3 million for the 24 months following implementation of the revised G-RAC. The Company states that this proposed annual revenue requirement is composed of: (i) an actual underrecovery of approximately $11.3 million of the Company’s G-RAC costs for the period ended August 31, 2024; (ii) a projected overrecovery of $3.3 million for the period of September 1, 2024 through October 31, 2025; and (iii) a projected base annual revenue requirement of $29.3 million for the period of November 1, 2025 through October 31, 2026. APCo seeks to collect the combined under-recovery balance of approximately $8.1 million over 24 months, resulting in an annualized under-recovery amount of approximately $4.0 million. The Company stated that its projected base annual revenue requirement would be updated through the course of this proceeding to reflect a return on equity of 9.75%, which the Commission authorized in the Company’s most recent base rate case. APCo requests approval to implement the proposed G-RAC on and after November 1, 2025, and to recover the requested annual revenue requirement for 24 months, consistent with its request in this Petition to file its next G-RAC Petition in 24 months. The Company asserts that if approved, the proposed revenue requirement will result in a decrease of $0.01 to the monthly bill of a residential customer using 1,000 kilowatt hours of electricity per month when compared to rates effective November 1, 2024. Interested persons are encouraged to review APCo’s Petition and supporting documents in full for additional details. TAKE NOTICE that the Commission may apportion revenues among customer classes and/or design rates in a manner differing from that shown in the Petition and supporting documents and thus may adopt rates that differ from those appearing in the Company’s Petition and supporting documents. The Commission entered an Order for Notice and Hearing that, among other things, scheduled public hearings on APCo’s Petition. On April 30, 2025, at 10 a.m., the Hearing Examiner assigned to this matter will hold the telephonic portion of the hearing for the purpose of receiving the testimony of public witnesses. On or before April 23, 2025, any person desiring to offer testimony as a public witness shall provide to the Commission: (a) your name, and (b) the telephone number that you wish the Commission to call during the hearing to receive your testimony. This information may be provided to the Commission in three ways: (i) by filling out a form on the Commission’s website at scc.virginia.gov/pages/Webcasting; (ii) by completing and emailing the PDF version of this form to SCCInfo@scc.virginia.gov; or (iii) by calling (804) 371-9141. This public witness hearing will be webcast at scc.virginia.gov/pages/Webcasting. Beginning at 10 a.m. on April 30, 2025, the Hearing Examiner will telephone sequentially each person who has signed up to testify as provided above. On April 30, 2025, at 10 a.m., or at the conclusion of the public witness portion of the hearing, whichever is later, in the Commission’s second floor courtroom located in the Tyler Building, 1300 East Main Street, Richmond, Virginia 23219, the Hearing Examiner will convene the evidentiary portion of the hearing to receive testimony and evidence related to the Petition from the Company, any respondents, and the Commission’s Staff (“Staff”). To promote administrative efficiency and timely service of filings upon participants, the Commission has directed the electronic filing of testimony and pleadings unless they contain confidential information and will require electronic service on parties to this proceeding. Electronic copies of the public version of the Petition may be obtained by submitting a written request to counsel for the Company: Noelle J. Coates, Esquire, American Electric Power Service Corporation, 3 James Center, 1051 East Cary Street, Suite 1100, Richmond, Virginia 23219, or njcoates@aep.com. Interested persons also may download unofficial copies of the public version of the Petition and other documents filed in this case from the Commission’s website: scc.virginia.gov/pages/ Case-Information. On or before April 23, 2025, any interested person may file comments on the Petition by following the instructions on the Commission’s website: scc.virginia.gov/casecomments/Submit-Public-Comments. Those unable, as a practical matter, to submit comments electronically may file such comments with the Clerk of the State Corporation Commission, c/o Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118. All comments shall refer to Case No. PUR-2024-00168. On or before March 7, 2025, any person or entity wishing to participate as a respondent in this proceeding may do so by filing a notice of participation at scc.virginia.gov/clk/efiling. Those unable, as a practical matter, to file a notice of participation electronically may file such notice by U.S. mail to the Clerk of the Commission at the address listed above. Such notice of participation shall include the email addresses of such parties or their counsel. The respondent simultaneously shall serve a copy of the notice of participation on counsel to the Company, any other respondents, and Staff electronically as described above. Pursuant to 5 VAC 5-20-80 B, Participation as a respondent, of the Commission’s Rules of Practice and Procedure, 5 VAC 5-20-10 et seq. (“Rules of Practice”), any notice of participation shall set forth: (i) a precise statement of the interest of the respondent; (ii) a statement of the specific action sought to the extent then known; and (iii) the factual and legal basis for the action. Any organization, corporation, or government body participating as a respondent must be represented by counsel as required by 5 VAC 5-20-30, Counsel, of the Rules of Practice. All filings shall refer to Case No. PUR-2024-00168. On or before March 7, 2025, each respondent may file with the Clerk of the Commission at scc.virginia.gov/clk/efiling any testimony and exhibits by which the respondent expects to establish its case. Any respondent unable, as a practical matter, to file testimony and exhibits electronically may file such by U.S. mail to the Clerk of the Commission at the address listed above. Each witness’s testimony shall include a summary not to exceed one page. All testimony and exhibits shall be served electronically on Staff, the Company, and all other respondents simultaneously with their filing, as described above. In all filings, respondents shall comply with the Rules of Practice, as modified herein, including, but not limited to: 5 VAC 5-20-140, Filing and service, and 5 VAC 5-20-240, Prepared testimony and exhibits. All filings shall refer to Case No. PUR-2024-00168. Any documents filed in paper form with the Office of the Clerk of the Commission in this docket may use both sides of the paper. In all other respects, except as modified by the Commission’s Order for Notice and Hearing, all filings shall comply fully with the requirements of 5 VAC 5-20-150, Copies and format, of the Rules of Practice. The public version of the Company’s Petition, the Commission’s Rules of Practice, the Commission’s Order for Notice and Hearing, and other documents filed in this case may be viewed on the Commission’s website at: scc.virginia.gov/pages/Case-Information. APPALACHIAN POWER COMPANY
4860 COX ROAD SUITE 150, GLEN ALLEN, VA 23060