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AEP Ohio proposes 1.8% base rate hike for 2021, first since 2011

American Electric Power Ohio customers could be paying more for electricity in 2021. The power company asked state regulators Monday to approve an increase in AEP Ohio’s base rates that, if approved, would cost the average residential customer who uses 1,000 kilowatt hours a month an extra $2.20. That customer now pays $120 a month. It would be AEP Ohio’s first increase in base rates since 2011. The company was required to initiate this process […]
Source: The Daily Jeff – News from Camberidge OH

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