RICHMOND, Va. (AP) - In a filing with Virginia regulators, Appalachian Power predicts it can reduce energy consumption of 2 percent to 5 percent over five years.
The filing Tuesday with the State Corporation Commission was required by new Virginia legislation, which seeks to slow the growth of energy demand.
Appalachian Power said an outside consultant found that the company could realize savings of 2 percent of 2008 customer demand over five years, and approximately 5 percent of peak load.
The power company said the costs to realize those savings would be about $80 million to $100 million.
Appalachian Power is a subsidiary of American Electric Power and provides electricity to 1 million customers in Virginia, West Virginia and Tennessee.
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