FirstEnergy subsidiaries Mon Power, Potomac Edison seek West Virginia rate review for reliability investments
FirstEnergy Corp.
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- FirstEnergy subsidiaries Mon Power, Potomac Edison filed for a West Virginia PSC electric rate review, seeking higher revenue to fund grid reliability investment.
- One proposal seeks a USD 76 million inflation-based adjustment split into USD 38 million annual steps effective Aug. 1, 2026, then June 1, 2027, implying about 3% and 2.9% higher average residential bills.
- An alternative filing seeks a USD 188 million base-rate increase, implying about a 13.9% rise for the average residential customer, tied to a reliability and infrastructure improvement initiative.
- The requests remain subject to PSC review before any rate changes take effect.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstEnergy Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CL61121) on May 18, 2026, and is solely responsible for the information contained therein.
