AEP / Dayton Power & Light / Duke Energy / Fixed Rate Hikes / Victory

Victory on fixed rate hikes

Thanks to the 22,765 people who filed official comments opposing Duke, AEP and DP&Ls proposed fixed rate hikes

CLEVELAND — Today Ohio Citizen Action declares victory over defeating two of four pending utility rate hikes. The Public Utilities Commission of Ohio (PUCO) has reached agreements with Duke Energy and American Electric Power (AEP) to not impose fixed rate increases on customers this year. The fixed rate refers to a delivery charge levied by the local utility providing electricity to customers’ homes. The proposed increases would have raised AEP customers’ bills by $120 annually and Duke customers would have paid $192 more per year, regardless of energy usage. “This is a big win for all AEP and Duke customers,” says Rachael Belz, Ohio Citizen Action Executive Director, “but especially for low-income families and seniors who simply can’t afford a big hit like this.” FirstEnergy filed their fixed rate increase proposal earlier this year and PUCO will hear testimony on Dayton Power & Light’s proposal in early May.

 

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