AEP / Energy

AEP failed to completely remove unlawful charges, collects additional $54 million from customers

COLUMBUS — “American Electric Power (AEP) has not completely removed unlawful charges from customers’ rates despite being ordered to do so by the Public Utilities Commission of Ohio (PUCO). An analysis by the Office of the Ohio Consumers’ Counsel (OCC) of AEP’s revised rates revealed the utility failed to remove about $54 million in charges associated with its perceived risk to provide backup power for shopping customers. These charges were determined to be unjustified by the Supreme Court of Ohio.

In a filing today, the OCC and the Ohio Partners for Affordable Energy requested the PUCO reject the revised rates filed by AEP last week and require the utility to immediately file rates that conform with the PUCO’s directive.

“Because of AEP’s actions, it is possible that customers will now pay an additional $54 million in unlawful rates,” Consumers’ Counsel Janine Migden-Ostrander said. “This is simply not right.”

The PUCO should consider assessing a penalty and directing the Ohio Attorney General to take action to collect the penalty, the OCC said in its filing.”

— press release, Office of the Ohio Consumers’ Counsel

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