Dive Summary:
- West Virginia's Public Service Commission on Monday issued an order that will lower rates for FirstEnergy Corp. subsidiaries Mon Power and Potomac Edison by more than $64 million by the beginning of 2013.
- Mon Power and Potomac Edison asked regulators to not implement the decrease in light of other circumstances that they may impact rates in the future.
- The commission justified the decrease as being in the public interest due to tough economic circumstances in the state.
From the article:
"... Officials say that a typical residential customer using 1,000 kilowatt-hours of electricity per month will see their bill decrease by about $4.80. ..."
