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American Metal Market
AMM
May 15, 2014
By Daniel Fitzgerald

W.Va. confirms Felman ruling for special energy rate plan

NEW YORK - The Public Service Commission (PSC) of West Virginia has denied two petitions opposing its order awarding Felman Production LLC a special electricity rate from Appalachian Power Co. Inc. (APCo).

Felman successfully petitioned the PSC for a special power rate plan from APCo tied to free-market silicomanganese prices, claiming that such a rate would allow it to restart production at its idled New Haven, W.Va., plant (amm.com, April 3), but the PSC's consumer advocate division (CAD) and the West Virginia Energy Users Group subsequently filed objections to the order (amm.com, April 21).

"Today's order denied the petitions of CAD and (West Virginia Energy Users Group) and states that the April 3, 2014, order remains in full force and effect" the PSC said May 14.

Felman has been unable to restart production at the New Haven plant pending the outcome of the petitions, noting in a May 12 filing that it was "hampered in its ability to move forward under the terms of the order to conclude a special contract consistent with the order, which in turn is indispensable to reopening the New Haven plant promptly in the presently favorable market conditions" (amm.com, May 13).

The Letart, W.Va.-based company had previously announced its intention to sign a new deal with APCo on May 1, complaining that it was "incurring sizable losses" while in standby mode (amm.com, April 11).