EYEWITNESS LOCAL NEWSWV PSC Hears Power Plant Purchase Arguments
from Eyewitness News Online
Reported by: Associated Press
Web Producer: Heath Harrison
Reported: Jul. 19, 2013 3:45 PM EDT
Updated: Jul. 19, 2013 3:51 PM EDT
Charleston , Kanawha County , West Virginia
The Public Service Commission has wrapped up three days of arguments on Appalachian Power's request to purchase a coal plant.
Ohio-based American Electric Power wants to transfer its John Amos plant near St. Albans and its Mitchell facility near Moundsville to Appalachian Power, a Charleston subsidiary.
Appalachian Power and other parties presented evidence to the commission Tuesday through Thursday in the proposed $1 billion transaction.
Appalachian Power said transferring the assets will help close a power generation shortfall in its network.
West Virginia Citizen Action Group and other groups intervened and are asking the agency to block the sale. They argue is not in the best interest of Appalachian Power ratepayers and that the company did not adequately evaluate alternatives.
There's no statutory deadline in which the commission should rule.
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