AEP / Energy / Fixed Rate Hikes

Ohio utility seeks to double its fixed distribution charges

The AEP building in Columbus.

The AEP building in Columbus.

COLUMBUS— “In response to an increasing number of customers installing solar power or opting for energy efficiency measures, American Electric Power has asked Ohio regulators to increase the share of distribution charges that all its utility customers must pay, regardless of how much electricity they use.

AEP Ohio has seen a jump in its solar net metering customers from 286 in 2011 to 983 currently, said company spokesperson Terri Flora. The company’s website says it serves nearly 1.5 million total customers.

…While the proposal is ‘revenue neutral,’ according to Flora, clean energy advocates say it would more than double customers’ fixed distribution charges. That, in turn, decreases incentives for energy efficiency and solar energy.”

— Kathiann M. Kowalski, Midwest Energy News

link to full article

Facebooktwittermail
Tags: , ,