Utility Expects W.Va. To Approve Plant Before Ohio Regulators

Summary


American Electric Power Co. now expects to build its first clean coal generating plant in West Virginia rather than Ohio because of that state's regulatory environment, a company spokeswoman said.

Because of a change in utility regulation, Ohio officials and AEP expect that any rate increase there to finance the $1.2 billion power station would spark a dispute with industrial customers and companies that generate electricity for sale on the open market.

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Utility Expects W.Va. To Approve Plant Before Ohio Regulators

Ohio deregulated utilities, meaning customer...

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