BLOG UPDATE – APRIL 25, 2018
The Public Utilities Commission of Ohio today approved AEP’s electric security plan, described below.
AEP, one of Ohio’s largest utilities, just reached an exciting new milestone that takes the state further down the path to a clean energy economy.
The utility has reached a settlement that will unlock millions in funding, lower pollution, avoid unnecessary electricity bill increases, and provide customers with more clean energy options.
New benefits
In AEP’s recent electric security plan case (a process that sets generation rates charged to customers) through 2024, the utility, Environmental Defense Fund (EDF), the Ohio Environmental Council (OEC), and others have reached a settlement that includes the following: