AEP / Fixed Rate Hikes

Electric base rates could rise for AEP Ohio

BUCYRUS — “The first of four statewide hearings about potentially raising base rates of electricity highlighted Bucyrus residents’ concerns Monday.

Nearly 30 people visited city hall to listen as seven others stood to testify for the commission. A court reporter recorded every word as evidence in the matter. Beth Trombold, one of five commissioners of the Public Utilities Commission of Ohio, looked on as Sarah Parrot, an attorney examiner for the state, led the proceedings.

The hearing was held because AEP Ohio filed a request in November 2016 to raise its electric security plan — the consumers’ base rate. Similar requests were granted by the commission in 2009, 2012 and 2015. Statements collected Monday will be presented to the full commission June 6 in Columbus during an evidentiary hearing, during which commissioners will decide if the rate increases will be allowed.

If the commission allows the increase, AEP Ohio customers will see their base rate rise from $8.40 to $18.40 monthly, according to a fact sheet provided by Ohio Citizen Action, a nonprofit monitoring the state’s commission.”

— Zach Tuggle, Bucyrus Telegraph-Post

link to full article