A resolution honoring Ohioan and Olympic athlete Jesse Owens has been approved by the U.S. Senate.
State Ruling: Some AEP Customers Will Pay More For Energy
Some American Electric Power customers can expect to see single digit rate increases in their power bills. Thatâ€™s as a result of a ruling today by the state Public Utilities Commission. PUCO spokesman Mathew Schilling says AEP will not be able to raise rates beyond a 12 percent cap.
Thereâ€™s going to be a rate cap on customersâ€™ bills such that no customer should experience more than a 12 percent increase due to todayâ€™s ruling.
PUCO Chairman Todd Snitchler says the order â€œâ€¦more evenly distributes the rate impacts among customers.â€