Proposed acquisition of Harrison coal unit from Allegheny Energy Supply Company
West Virginia Consumer Advocate Division
Completed August 2013.
In 2012, Monongahela Power Company and the Potomac Edison Company filed for approval and rate recovery of the acquisition of an additional ownership interest in the Harrison plant from Allegheny Energy Supply Company, their merchant generator affiliate. The companies also proposed sale of their share in the Pleasants plant to Allegheny Energy Supply. Under this transaction, the companies would invest more than $1.2 billion to acquire an additional 1,476 megawatts of baseload capacity. Synapse helped the West Virginia Consumer Advocate evaluate the reasonableness of that proposed transaction. Project completed August 2013.