WV power companies propose slashing solar benefit

Power companies are asking to cut their solar incentive amid another rate hike

CHARLESTON – As electricity rates continue to soar, some businesses, homeowners and organizations across West Virginia have been supplementing with solar to save money. But under a proposal by utility companies, people could lose that option.

WV power companies propose slashing solar benefit

As electricity rates continue to soar, some businesses, homeowners and organizations across West Virginia have been supplementing with solar to save money. But under a proposal by utility companies, people could lose that option. Currently, Appalachian Power and Wheeling Power credit solar customers for the excess energy they generate at the same rate the two companies charge for power, a policy known as net metering. That credit helps offset th…