Customers Decry, AEP Explains Record Profits

COLUMBUS, Ohio (News Talk 1480 WHBC and ONN) – American Electric Power reports a record profit for the most recent quarter, even as consumers try to conserve during a very hot summer.

The parent company of AEP Ohio reported a $1.2-billion profit for the second quarter, up from $340-million a year ago.

The company points to legislative changes, regulatory approvals, infrastructure investments and other factors, but they admit prices are higher…

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