Due to Ohio Senate Bill 221, changes are on the way for the energy sector. AEP Ohio filed its ESP (Electric Security Plan) with the Public Utilities Commission of Ohio on July 31, 2008. By the end of this year, the PUCO will approve or disapprove this filing. But we are being told that a rate increase of approximately 15% annually for all AEP Ohio customers is likely for the next three years beginning January 1, 2009.
Also included in their filing are provisions that address distribution services, economic development, alternative energy resources and energy efficiency.
To find out more about their filing and proposed rate structure visit: http://www.aepohio.com/news/2008RateFiling/