| West Virginia's Public Service Commission has granted Appalachian Power and Wheeling Power a 12.1 percent rate increase.
The new rate takes effect Thursday and covers the first year of what is expected to be four annual increases.
The utilities, both subsidiaries of Ohio-based American Electric Power, originally wanted a 43 percent rate increase.
The PSC says AEP will take in $124.7 million in new revenue as a result of the increase. | 
