AEP Ohio seeks approval for electric rate increase
COLUMBUS, Ohio (WSYX) — Residential AEP Ohio customers could see a new rate hike if a request the company recently made to the Public Utilities Commission of Ohio (PUCO) is approved.
If passed, residential base rates would go up 2.14%, or $3.95 per month, for those using an average of 1,000 kilowatt hours monthly.
Company officials say there are available resources to help customers, such as payment arrangements and energy management tools.
PUCO’s review process is expected to take over a year.