AEP Wants Customers To Pay For Storm Damage

POSTED BY: George Hiotis
Friday, January 4, 2013 - 12:10 PM
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AEP

American Electric Power wants to make its customers pick up the $61.8 million dollar tab for repairs resulting from last summer’s severe storms.  The Columbus Dispatch reports that the reimbursement request the company filed with the Public Utilities Commission of Ohio is one of the largest ever in the State.  It would cost about $3.00 a month for a typical household and would be paid for a year.  That works out to about a 2-percent rate increase.  AEP’s system suffered mass power failures because of the June 29th storm.  Nearly half of the company’s 1.5 million Ohio customers lost power, some for more than a week.  Utility spokeswoman Terry Flora sais it is typical for utilities to go to customers to recover costs for large scale storms.  


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