By MAX GARLAND
Charleston Gazette-Mail
(Gazette-Mail file photo)
CHARLESTON, W.Va. — As Mon Power and Potomac Edison await approval to buy a Pleasants County power plant, an analysis backed by opposition parties says manufacturers, schools and hospitals in West Virginia will have to pay about $230 million more on their utility bills over 15 years if the deal goes through.
Technical consultant RunnerStone conducted the analysis for Solar United Neighborhoods of West Virginia, a group opposed to the deal.
Pleasants Power Station, a coal-fired plant, is owned by FirstEnergy, parent company of Mon Power and Potomac Edison. If the $195 million deal goes through, the plant would become part of the regulated West Virginia market, where it is guaranteed a profit.
The transaction requires approval from the state Public Service Commission, which has yet to make a ruling.
Read the entire article: https://www.wvgazettemail.com/business/analysis-pleasants-deal-would-cost-wv-manufacturers-schools-and-hospitals/article_ac50ee07-08ca-556e-8d36-ade3f5de8675.html
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