Aep Price Increase 2024. Aep ohio is asking for a $2.2 billion rate hike for its electric security plan (esp) beginning june 2024 through 2030. The proposed increase follows a 28% hike that went into effect on june 1 to cover higher prices aep is.
From 2022 to 2024, the electricity provider has moved to raise prices at least three times, with two already in effect with approval from the public utilities commission of ohio. Starting june 2023 aep ohio will be increasing itโs residential electric rates.
The Proposed Increase Follows A 28% Hike That Went Into Effect On June 1 To Cover Higher Prices Aep Is.
Aep ohio announced in march that customers will see higher bills from june 2023 through may 2024 due to increased generation supply prices.
These Rates Will Be In Effect Until May 2024.
Electric security plans are used to determine the pricing and supply of.
Columbus, Ohio (Wcmh) โ Thursday Marks The Beginning Of A Nearly 30% Markup On Bills For A Major Portion Of Aep Ohio's Customers.
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Aep Ohio Announced In March That Customers Will See Higher Bills From June 2023 Through May 2024 Due To Increased Generation Supply Prices.
Aep ohio won't profit from the rate increase.
If The Puco Approves Aepโs Most Recent Electric Security Plan Application, It Would Increase Costs For Consumers Each Year Between June 2024 And 2030.
This increase will remain in effect until may 31, 2024.
Aep Ohio Confirms Rate Hike For Customers, But With A Catch For The Company.
