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State regulators have approved Appalachian Power Co.’s request to increase the fee it charges customers to recover higher costs of coal and other fuel.
The new fuel rate approved by the State Corporation Commission is 2.953 cents per kilowatt-hour, an increase of 0.756 cents per kilowatt-hour from the rate established by the SCC in 2010.
For the average residential customer, the increase means the monthly bill for 1,000 kilowatt-hours of electricity will increase $7.56, or approximately 7.2 percent.
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