APCo Says Sandy won't be as Costly as Derecho

Local - 11/10/2012 1:35 PM by AP
CHARLESTON, W.Va. (AP) - Officials with Appalachian Power say Superstorm Sandy is not likely to cost the company as much as the summer derecho.
Outages to the utility's West Virginia customers were about 150,000 during last month's storm, compared with a peak of about 333,000 during the June storm.
Appalachian Power estimates costs from derecho at $62 million. It has yet to estimate costs from Sandy, but company executives have said it would likely cost between $20 and $25 million.
Spokeswoman Jeri Matheny told the Charleston Gazette (http://bit.ly/SCQKfk ) that the company should have an estimate within a few weeks.
Appalachian Power would need to ask the West Virginia Public Service Commission to recover the costs associated with the storms. But Matheny said the company has no immediate plans to do so.


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