AEP / Fixed Rate Hikes

AEP shifting charges to match “true cost of delivery”

COLUMBUS — “One of the state’s largest utility companies is proposing a change to the way they charge customers for their power. Some groups are crying foul, but AEP Ohio says other changes will offset those costs.

AEP is increasing the fixed rate, or so-called customer charge, to ratepayer’s electric bills. It’s about a $10 hike per month. But they’re decreasing the cost of using power.

Consumer and environmental advocates argue this shift takes away the incentive to save power in order to lower electric bills.”

— Andy Chow, Statehouse News Bureau

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