AEP Ohio asking for rate increase to boost system reliability after last summer’s storms
Jan. 6, 2023
Several months after powerful storms whacked AEP Ohio’s transmission system and forced the power company to turn off electricity to some Columbus-area neighborhoods to avoid a larger power loss, AEP is now asking for more money from customers to bolster its grid and replace aging equipment.
In return, AEP would invest $2.2 billion over a six-year period on projects meant to boost reliability and launch pilot programs that could provide backup sources of power in the event of local outages.
