COLUMBUS (AP) — The utility company American Electric Power wants to make its Ohio customers pick up the $61.8 million tab for repairs from last summer’s severe storms.
The utility’s reimbursement request filed with the Public Utilities Commission of Ohio is one of the largest ever in the state, The Columbus Dispatch reported today.
The increase, if approved by the commission, would cost about $3 a month for a typical household for a year. That works out to about a 2-percent rate increase.
The public utility commission will review the plan and take testimony from other interested parties. A ruling isn’t expected until at least the spring.