News
7:57 am
Fri January 4, 2013

AEP Wants Customers To Pay For Storm Repairs

Columbus-based American Electric Power is asking the Public Utilities Commission of Ohio for permission to make customers pay nearly 62-million dollars in repairs for storm damage last summer.

If approved, the plan would cost the average home an additional 3-dollars a month for one year. 1.5 million customers  lost power during the storms. A PUCO decision is not expected until the spring. In October, AEP reported a third quarter profit of 487 million dollars.