ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, February 24, 1993                   TAG: 9302240130
SECTION: BUSINESS                    PAGE: A-7   EDITION: METRO 
SOURCE: Associated Press
DATELINE:                                 LENGTH: Short


IN BUSINESS

SCC staff urges cut in Va. Power request

RICHMOND - The State Corporation Commission staff has recommended a 22 percent cut, or $153.6 million, in Virginia Power's proposed rates. The cut was the difference between Virginia Power's request of $413.5 million and the staff's recommendation of about $260.1 million.

The recommendation, if adopted this year by the three-member commission, could result in a reduction of $1.78 from the monthly bill of someone who uses 1,000 kilowatt-hours a month. The total amount in refunds could be up to $71.6 million, spokesman Ken Schrad said.

A hearing examiner is to receive public comments March 8. Another hearing is scheduled for March 22.



by Archana Subramaniam by CNB