Kingsport Power Company Is Seeking A Rate Hike. The Electric Company Has Filed Documents With The Tennessee Regulatory Authority For A 2.4 Percent Increase In Order To Recover Unanticipated Expenses From Past Storms. Kingsport Power Does Business As American Electric Power’s Appalachian Power. In The Public Notice, Kingsport Power Is Looking To Recover Over Two Million Dollars In Cost. If Approved, A Typical Residential Customer Using A Thousand Kilowatt Hours A Month, Will See An Increase Of $2.10 On Each Bill.