Dozens of Ohioans voiced opposition about a proposed American Electric Power electric rate hike at a Public Utilities Commission of Ohio public hearing in Columbus Thursday evening.
AEP wants to increase rates by an average of $4 a month for customers, but needs the Public Utilities Commission of Ohio to approve the price hike. This would come from a 2% increase in distribution base rates and would generate more than $400 million in new revenue for Ohio’s largest electric provider.
Some of the central Ohio residents who spoke at the Columbus Metropolitan Library accused AEP of being greedy after the company reported record profits earlier this year…