Mon Power and Potomac Edison Invest in Environmental Controls at Harrison and Fort Martin Power StationsCompanies File Cost Recovery Request with Public Service Commission
FAIRMONT, W.Va., Aug. 23, 2016 -- FirstEnergy (NYSE:FE) subsidiaries Mon Power and Potomac Edison recently submitted a request to the Public Service Commission of West Virginia (PSC) to recover costs for environmental control projects that support the long-term operation of Harrison and Fort Martin Power Stations.
As part of FirstEnergy's long-standing commitment to sustainability, the company is making emissions control investments at Harrison and Fort Martin that allow the plants to meet increasingly stringent environmental regulations. These investments will allow the plants to continue generating low-emitting and affordable electricity, providing well-paying jobs, and contributing significant tax income to surrounding communities.
Earlier this year, the West Virginia legislature authorized the PSC to approve coal-fired boiler modernization and improvement plans that meet requirements for cost-effectiveness and necessity. The new legislation encourages utilities to take proactive measures to upgrade coal-fired power plants in order to support West Virginia's coal industry while helping to ensure reliable electricity generation remains in the state.
The Modernization and Improvement Plan (MIP) will help Harrison and Fort Martin achieve ongoing compliance with the U.S. Environmental Protection Agency's Mercury and Air Toxics Standards (MATS) and Cross-State Air Pollution Rule (CSAPR) II requirements. To meet these requirements, 18 projects are planned or underway, including improving electro-static precipitators, installing technology to control mercury and other emissions, improving existing flue gas desulfurization equipment, enhancing continuous emission monitoring, tuning boilers, and improving controls and the selective catalytic reduction system.
If approved, the $6.9 million annual revenue increase would amount to a $0.55 increase in the average residential customer's bill beginning May 1, 2017.
Mon Power, a FirstEnergy electric distribution company, serves about 385,000 customers in 34 West Virginia counties. Follow Mon Power on Twitter @MonPowerWV.
Potomac Edison serves 138,000 customers in the Eastern Panhandle of West Virginia. Follow Potomac Edison on Twitter @PotomacEdison.
FirstEnergy is dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, while its generation subsidiaries control nearly 17,000 megawatts of capacity from a diversified mix of scrubbed coal, non-emitting nuclear, natural gas, hydro and other renewables. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
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the risks and uncertainties at the CES segment, including FES, related to continued depressed wholesale energy and capacity markets, including the potential need to deactivate or sell additional generating units; the continued ability of our regulated utilities to recover their costs; costs being higher than anticipated and the success of our policies to control costs and to mitigate low energy, capacity and market prices; other legislative and regulatory changes, and revised environmental requirements, including, but not limited to, the effects of the United States Environmental Protection Agency's Clean Power Plan, Coal Combustion Residuals regulations, Cross-State Air Pollution Rule and Mercury and Air Toxics Standards programs, including our estimated costs of compliance, Clean Water Act (CWA) waste water effluent limitations for power plants, and CWA 316(b) water intake regulation; the uncertainty of the timing and amounts of the capital expenditures that may arise in connection with any litigation, including New Source Review litigation, or potential regulatory initiatives or rulemakings (including that such initiatives or rulemakings could result in our decision to deactivate or idle certain generating units); the uncertainties associated with the deactivation of certain older regulated and competitive fossil units, including the impact on vendor commitments, such as long-term fuel and transportation agreements, and as it relates to the reliability of the transmission grid, the timing thereof; the impact of other future changes to the operational status or availability of our generating units and any capacity performance charges associated with unit unavailability; adverse regulatory or legal decisions and outcomes with respect to our nuclear operations (including, but not limited to, the revocation or non-renewal of necessary licenses, approvals or operating permits by the Nuclear Regulatory Commission or as a result of the incident at Japan's Fukushima Daiichi Nuclear Plant); issues arising from the indications of cracking in the shield building at Davis-Besse; the risks and uncertainties associated with litigation, arbitration, mediation and like proceedings, including, but not limited to, any such proceedings related to vendor commitments, such as long-term fuel and transportation agreements; 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