This February marks the 100th anniversary of an Ohio State tradition. Since 1915, the chimes have been part of University life, housed in one of the oldest and most unique buildings on campus. WOSU’s Tom Rieland has this profile on the Chimes of Orton Hall…
AEP Proposes Rate Cut For Residential Customers
American Electric Power is planning to cut rates for most residential customers by more than 12 percent.
A typical household bill would be 12.6 percent less than under current rates under a plan submitted by the utility. That’s based on forecasts of market conditions next year, when the plan would take effect.
A trial-like regulatory hearing process to implement the cut begins next week. The Public Utilities Commission of Ohio will issue a ruling later this year, and the plan would take effect in June 2015.
The rate would fall because AEP will be buying power through an auction process in which power-plant operators compete to offer the lowest price.