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AEP Ohio strikes first new deal on rates since 2011
By JULIE CARR SMYTHMarch 12, 2021 GMT
COLUMBUS, Ohio (AP) AEP Ohio said Friday that 13 parties, including some of its largest commercial and industrial customers and the state’s ratepayer watchdog, have signed off on a significant rate deal that also lowers rates slightly for residential customers.
Details of the settlement agreement have been filed with the Public Utilities Commission of Ohio, which must still approve the plan.
It calls for a decrease of 71 cents for a residential customer using 1,000 kWh per month, compared to the increase of $5.68 requested at the beginning of the process last June. The settlement also increases the monthly customer charge from $8.40 to $10, but the company said reductions in other rates offset that change.
AEP Ohio customers to get small rate cut under settlement dispatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dispatch.com Daily Mail and Mail on Sunday newspapers.
CONTENT: Press Release
United States, Mar. 4, 2021 /3BL Media/- The Energy Diversity & Inclusion Council kicks off The Energy Inclusion Conference announcing the Top Diverse Leaders in Energy on February 23 - 25, 2021. This year’s conference theme is “Inclusion Leads to Innovation”. This virtual conference will feature keynote speakers such as Pedro Pizarro, Paula Gold Williams, Girish Saligram and more. During the conference, professionals will gain access to learning sessions held by industry experts, organizational tracks, and endless inspiration that highlight the importance of diversity and inclusion in the energy arena.
The Top Diverse Leaders in Energy award features the highest caliber of executive leadership within this industry.