AEP / Coal

Schools to PUCO: AEP rates are killing us

COLUMBUS — “Ohio’s top statewide public school organizations did not mince words this week, telling the Public Utilities Commission of Ohio that the controversial new American Electric Power rate plan ‘will be devastating to school districts.’

In a letter Tuesday to PUCO Chairman Todd Snitchler, groups representing superintendents, school boards and treasurers said that based on an early analysis, AEP’s new rates will mean double-digit percentage increases for hundreds of school buildings, some in excess of 50 percent.

‘Rate increases, such as those that are becoming evident with the new ESP (electric security plan), will be devastating to school districts,’ the letter said. ‘These new rates will mean further cuts in staff and programs if nothing is done to alleviate the impact on schools.’”

— Jim Siegel, Columbus Dispatch

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