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HomeMy WebLinkAbout072-07BOARD 4F SUPERVISORS RESOLUTION OPPOSING ALLEGHENY'S APPLICATION TO RAISE POWER RATES WHEREAS, The Potomac Edison Company d/b/a Allegheny Energy, ("Allegheny") has filed an Application to raise power rates with the State Corporation Commission ("SCC") of Virginia referenced as PUE-2007-00026; and WHEREAS, Allegheny is the provider of power to our locality; and WHEREAS, Allegheny's Application seeks to increase the power rates of the residents, families and businesses throughout our locality by approximately $85 million dollars. This translates into an increase of some 40% in monthly power bills for the average home using 1000 kilowatt hours per month; and WHEREAS, Allegheny's Application seeks to circumvent an agreement Allegheny voluntarily entered into with the SCC in 2000. Under the agreement, Allegheny sold all generating units to a sister company in exchange for terminating the ability to increase power rates based on the price of fuel for those generating units; and WHEREAS, there is no justification to permit Allegheny to void the agreement in favor of Wall Street stock holders, at the expense of our citizens, its customers; and WHEREAS, the strength of our local economy is driven by an affordable cost of living together with the ability to expand or attract local businesses. The Allegheny Application will jeopardize our continued economic strength and success. The availability of adequate power cannot come at the price of financially strapping the workers and retirees who comprise our area; and WHEREAS, Allegheny'sApplicationallowed for no compromise to it's proposed rate increase; and WHEREAS, Allegheny's Application also would increase the cost of power purchased to operate our local government and deliver services to our citizens. Our tax rates have been established to meet the projected budgeted expenditures. Granting ofthe Allegheny Application would require either cuts in services or increase in revenues in the form of tax adjustments. NOW, THEREFORE, BE IT RESOLVED, that the Frederick County Board of Supervisors through this resolution expresses its profound opposition to the Allegheny Resolution Opposing Allegheny's Application to Raise Power Rates June 27, 2007 Page 2 Application, requests the SCC deny the Application and require Allegheny to honor the Agreement it voluntarily entered in 2000. ADOPTED this 27`h day of June, 2007. VOTE: Richard C. Shickle Aye Bill M. Ewing Gene E. Fisher Aye Philip A. Lemieux Gary W. Dove Aye Barbara E. Van Osten Charles S. DeHaven, Jr. Aye A COPY TESTE: l ! J 'hn ~ iley, J . Board of Supervisors County of Frederick, Virginia Aye Aye Aye Resolution #072-07 COUNTY of FREDERICK iii ~ ~~ x~~~;~ J ~~! John R. Riley, Jr. County Administrator 540/665-5666 Fax 540/667-0370 E-mail: jriley @co.fraderick.va.us TO: Board of Supervisors FROM: John R. Riley, Jr., County Administrat SUBJECT: Resolution Opposing Allegheny Energy's App ication to Raise Power Rates DATE: June 19, 2007 As you are aware, the Frederick County Industrial Development Authority is facilitating the effort to oppose Allegheny Energy's application before the State Corporation Commission to increase power rates. The Authority hired FirstChoice Consulting of Richmond, VA, to represent the County's industrial users in this matter. - You will find attached the above referenced resolution for the Board's consideration and action. FirstChoice recommended this Board and the other governing bodies within the Allegheny service area adopt this resolution in order that it might be made part of the State Corporation Commission's record in this matter. The deadline for submitting letters and other documents to the Commission for consideration as part of this heazing is July 23, 2007.. Should you have any questions or need additional information, please do not hesitate to contact me. JRR/j et Attachment 107 Narth Kent Street Winchester, Virginia 22601-5000