Public Hearings Scheduled for AEP Rate Increase Proposal

American Electric Power (AEP) customers will get the opportunity to provide their insights into the company’s electric security plan after the Public Utilities Commission of Ohio (PUCO) scheduled four public hearings late Friday.

The hearings have been scheduled as follows:

  • Canton
    April 26, 2012 at 6 p.m.
    Oakwood Middle School
    2300 Schneider Road, N.E.
  • Columbus
    April 30, 2012 at 6 p.m.
    Wolfe Park Shelter House
    105 Park Drive
  • Chillicothe
    May 1, 2012 at 6 p.m.
    Ohio University – Chillicothe, Bennett Hall Auditorium
    101 University Drive
  • Lima
    May 3, 2012 at 6 p.m.
    Lima Municipal Center, City Council Chambers
    50 Town Square, 1st floor

American Electric Power filed a modified rate increase proposal Mar. 30 after the PUCO rejected its rate increase in February.

The Office of the Ohio Consumers’ Counsel is in the midst of reviewing the impact of AEP’s proposal on residential customers. Generally, the OCC will advocate for rates that are reasonable for AEP residential customers, and that they have effective choice in retail electric competition. Additionally, the OCC shared concerns with the PUCO March 6 about AEP’s proposal that could have significant impacts on residential rates.

In its application, AEP states the average residential customer using 1,000 kWhs per month will see their bill increase between $6.24 and $7.40. Below are estimated bill impacts for customers at different usage levels.

Formal comments and recommendations from the OCC are scheduled to be filed May 4 as outlined by the PUCO.

You can get more information on AEP's request by clicking here.

If you would like to make a formal comment to the PUCO regarding the AEP proposal, you can comment online by clicking here or can comment in writing by addressing letters with case number 11-0346-EL-SSO in the subject line to:

PUCO
Attn: Docketing Division
180 E. Broad Street
Columbus, OH 43215

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