American Electric Power (AEP) won approval from the Virginia State Corporation Commission to transfer the AEP Ohio-owned portion of John E. Amos Plant Unit 3 to Appalachian Power.
The Virginia SCC also approved the merger of Wheeling Power with Appalachian Power, but denied transfer of 50 percent of the 1,600 MW Mitchell Plant to Appalachian Power.
If the Wheeling Power and Appalachian Power merger does not proceed, our corporate separation order from the Federal Energy Regulatory Commission (FERC) would allow the transfer of Wheeling Power’s existing power purchase agreement with AEP Ohio to AEP Generation Resources to serve those customers at cost-based rates. This would protect Wheeling Power customers by continuing their existing source of generation supply,” Akins said.
AEP filed in December 2012 for approval from the Virginia SCC and the Public Service Commission of West Virginia to transfer AEP Ohio’s two-thirds ownership (867 MW) of Amos Plant Unit 3 (1,300 MW) and 800 MW of the 1,600 MW generating capacity of Mitchell Plant to Appalachian Power. Approval from the Public Service Commission of West Virginia still is necessary to complete the transfer of Amos Plant Unit 3 to Appalachian Power.
AEP also filed to transfer ownership of the remaining 800 MW of the 1,600 MW generating capacity of Mitchell Plant to Kentucky Power. A settlement agreement approving that transfer was reached with several parties in the case. A decision on the settlement agreement is pending before the Kentucky Public Service Commission.