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AEP Ohio seeks approval for a rate plan giving customers a $1.22 monthly credit for 18 months, citing tax savings, but critics call it a disguised rate hike.
AEP Ohio proposes a rate settlement that would give the average 1,000-kWh customer a $1.22 monthly credit for 18 months by applying unused tax savings credits, claiming it prevents a 68-cent monthly bill increase.
The utility attributes rising costs to aging infrastructure and data center demand, noting a prior tariff on data center energy use.
Consumer advocates and the Ohio Environmental Council dispute the claim, arguing the move disguises a rate hike through accounting tactics, calling it misleading "Wall Street Math" and urging the Public Utilities Commission of Ohio to reject the proposal.
The PUCO is expected to review the plan in early 2026.
AEP Ohio busca aprobación para un plan de tarifas que le da a los clientes un crédito mensual de $1.22 por 18 meses, citando ahorros fiscales, pero los críticos lo llaman un aumento de tasas disfrazado.