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AEP Rates Could Fall Slightly Next Year

American Electric Power is proposing a rate reduction for Ohio customers beginning in the summer of 2015 - one the state's utility watchdog says doesn't go far enough. The Columbus-based utility says its electricity rates are expected to fall by as much as 9 percent over three years - a monthly savings of around $6 to $10 per month for a typical household. The Ohio Consumers Counsel says the utility's rates are still too high even with the reduction. A spokesman for the office says AEP is one of the two utilities charging the highest rates to customers in the state. AEP says the expected lower rates are coming because of falling prices for electricity in wholesale markets.

Mike Foley joined WCBE in February 2000, coming from WUFT in Gainesville, Florida. Foley has worked in various roles, from producing news and feature stories to engineering Live From Studio A sessions. A series of music features Foley started in 2018 called Music Journeys has grown into a podcast and radio show. He also assists in developing other programs in WCBE's Podcast Experience. Foley hosts The Morning Mix, a weekday music show featuring emerging and established musicians, our Columbus-area and Ohio-based talent, and additional artists that inspire him.