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VPS LEGALS/PUBLIC NOTICES – CVA [Video]

LEGAL NOTICE NOTICE TO THE PUBLIC OF AN APPLICATION BY APPALACHIAN POWER COMPANY, FOR APPROVAL OF A PROPOSED UPDATE TO THE RATES, TERMS AND CONDITIONS OF A UNIVERSAL SERVICE FEE TO BE PAID BY RETAIL CUSTOMERS TO FUND THE PIPP CASE NO. PUR-2020-00117 On April 12, 2024, Appalachian Power Company (“APCo” or “Company”) filed an application (“Application”) with the State Corporation Commission (“Commission”) requesting approval of an updated Universal Service Fee (“USF”) to fund the Percentage of Income Payment Program (“PIPP”) of $0.00132 per kilowatt-hour (“kWh”) effective June 1, 2024. The PIPP was established as part of the 2020 Virginia Clean Economy Act as a mechanism designed to limit the electric utility payments of persons or households participating in certain, specified public assistance programs, based upon a percentage of their income, for customers of Virginia Electric and Power Company and APCo. The General Assembly further addressed the PIPP, its funding, ...

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