Tuesday, November 29, 2011

Deal opens competition for AEP Ohio customers

Nov. 29, 2011, Mansfield News Journal

By Jessica Alaimo
CentralOhio.com

A pending settlement could change the way AEP Ohio does business.

The subsidiary of Columbus-based American Electric Power is preparing for more competition in the marketplace, so it is planning on billing separately for wiring and distribution, a change from past practices.

The settlement could mean an increase of $2 to $3 per month for the average household using AEP Ohio services over the next three years. It is up to the Public Utilities Commission of Ohio to approve the settlement.

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