AEP / Energy

PUCO chief wants AEP rate change this month

Todd A. Snitchler, Steven D. Lesser, Paul A. Centolella, during a hearng

COLUMBUS — “The timetable will be short and the deliberations private as Ohio utility regulators race to address complaints about American Electric Power rates.

This follows an uncustomary statement from the Public Utilities Commission of Ohio on Friday in which its chairman said he will take action to reduce rate increases for small businesses. The hikes were part of a rate plan the agency’s governing board approved unanimously two months ago.

Longtime observers of the PUCO say they cannot recall a precedent for this kind of backtracking in response to public outcry.”

— Dan Gearino, Columbus Dispatch

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