According to NBC4i, fresh on the heels of raising rates for certain Columbus customers, AEP Ohio on Thursday said it was planning for another rate hike affecting more of them.
The power company has been gradually and automatically opting people into the Clean Energy Columbus Program. This switched them to clean energy sources, but gave customers a higher rate from 5.499 cents to 7.884 cents per kilowatt hour from 2022 into 2023. AEP clients have had the option to opt out of this program for lower rates, but they will have different choices regarding the latest hike.
AEP Ohio’s President Mark Reitter emailed customers Thursday evening to let them know that more energy usage and higher generation costs will lead to electric bill hikes for “many customers,” beginning in June.
For the full NBC4 story click here
Get News & Exclusive Contest in Your Inbox:
- DJ HazMatt Music Video Recap: Browns Beat Titans
- Megan Thee Stallion Shared Her Renaissance Tour Weekend Recap With Her Idol Beyoncé
- 7th Annual Black Owned Wine & Spirits Festival Makes DC Return On September 30
- WGA Reaches Tentative Agreement But The Hollywood Fight Continues
- Chris Brown Sued For $2 Million Over Popeyes Chicken Loan
- More Than 1000 Kids Reported Missing In Ohio This Year, Per Report
- Facial Recognition Lawsuits Spotlights How AI Is Weaponized Against Black People
- Kanye’s Shelved Album Produced By Dr. Dre Leaks Online [LISTEN]
- Krayzie Bone Update: Another Surgery Needed For Cleveland Legend
- Ohio Football Coach Resigns After Using ‘Nazi’ Plays In Game
AEP Ohio confirms rate hike for customers was originally published on mycolumbusmagic.com