Commission recommends slashing AEP’s proposed rate hike

(The Center Square) – Nearly six months after its last major electricity rate increase in Ohio, AEP Ohio continues to wait for approval on another rate hike.

The Public Utility Commission of Ohio on Friday announced public hearings throughout the state for December to hear public comments on AEP’s application to raise rates by another 2.14%.

That hike would add nearly $4 to a monthly bill to a customer who uses 100kW a month. The commission recommended reducing that increase to .80%, or $1.47 a month.

Hearings are scheduled Dec. 3 in Zanesville, Dec. 4 in Columbus, Dec. 5 in Marietta, Dec. 8 in Findlay and Dec. 9 in Columbus.

AEP Ohio has the largest number of electricity customers in the state, serving more than 1.5 million customers.

- Advertisement -

In June, the commission warned customers to check their bill after AEP Ohio implemented a significant hike that averaged $27 per 100kW used per month. That hike was separate from other rate hikes that went into effect in 2024 and the current proposed increase.

At the same time, a separate 14% distribution increase was added to the base rate.

“It is important for consumers to be aware of pricing changes impacting their electricity bills this summer,” commission Chairwoman Jenifer French said in a news release in late April. “The PUCO is available to assist Ohioans to understand their electric bill, and what options they have to manage their bills year-round.”

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Police make arrests in connection to Shreveport fight

(The Center Square) — Five people have been arrested...

New Orleans housing office cut exceeds $20M

(The Center Square) — The New Orleans Office of...

Wisconsin Rep wants gas tax prices on pumps

(The Center Square) – One Wisconsin lawmaker wants people...

Police chief agrees to postpone equipment purchase amid First Amendment concerns

(The Center Square) – The Spokane Police Department confirmed...

Better days, shorter lines promised at DMV

(The Center Square) – Better days and shorter lines...

Nevada Dems plan SNAP workaround in case of funding gap

(The Center Square) - Nevada Senate Democrats are looking...

Illinois quick hits: Get Covered Illinois premiums to spike

Get Covered Illinois premiums to spike ...

Airlines adjusting as flight reductions begin

(The Center Square) – A look at arrivals and...

More like this
Related

Police make arrests in connection to Shreveport fight

(The Center Square) — Five people have been arrested...

New Orleans housing office cut exceeds $20M

(The Center Square) — The New Orleans Office of...

Wisconsin Rep wants gas tax prices on pumps

(The Center Square) – One Wisconsin lawmaker wants people...

Police chief agrees to postpone equipment purchase amid First Amendment concerns

(The Center Square) – The Spokane Police Department confirmed...