Allegheny Energy owns approximately 9,600 megawatts of generating capacity. The parent company s regulated utilities include West Penn Power Company, Monongahela Power Company and The Potomac Edison Company. It generates electricity through various fuel sources, including coal, pumped-storage plants, water and steam.
DEFINITION of 'Prime Rate'. The interest rate that commercial banks charge their most credit-worthy customers. Generally a bank's best customers consist of large corporations.The prime interest rate, or prime lending rate, is largely determined by the federal funds rate, which is the overnight rate which banks lend to one another.he interest rate that commercial banks charge their most credit-worthy customers. Generally a bank's best customers consist of large corporations.
Prime Rate Change % Last Prime Rate Change Compare Mortgage Rates; BMO Bank of Montreal: 3.45% 0.25% January 18, 2018 Compare Rates: CIBC: 3.45% 0.25% January 18, 2018 Compare Rates: HSBC Bank Canada: 3.45% 0.25% January 18, 2018 Compare Rates: Royal Bank of Canada: 3.45% 0.25% January 18, 2018 Compare Rates