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Appalachian Power Co. filed a request Friday to leave unchanged the current fuel factor component of its electricity rates.
The fuel factor is aimed at dollar-for-dollar recovery for the cost Appalachian Power incurs for fuel — primarily coal — and purchased power. It is often adjusted annually. There is no profit in the fuel factor.
The current fuel factor of 2.953 cents per kilowatt-hour has been in place since June 2012.
The proposal was filed with the Virginia State Corporation Commission and is subject to review and approval of the SCC.
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