Why is AEP Ohio Asking for a Rate Increase?

The rate you pay for electricity is made up of several different costs.  Fuel costs for electric utilities are going down, but other costs included in the rate are going up.  Watch this short video featuring AEP Ohio’s president and chief operating officer, Pablo Vegas, to learn more.

AEP - American Electric Power
AEP ranks among the nation's largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S.  AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined.

AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas).