State grants two AEP hikes

State regulators last week approved two rate increases sought by Appalachian Power Co., and later this month will hold a public hearing on a third proposal that could increase customers' electricity costs by an average of nearly 24 percent.

The approved rates were less than the company originally requested, but spokesman Todd Burns said the electric utility supported the State Corporation Commission's decisions.

One case involved Appalachian's request for a fuel rate increase.

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