News & Announcements
February 26, 2015
APPALACHIAN POWER VIRGINIA CUSTOMERS TO SEE 4 PERCENT DROP IN AVERAGE BILLS
Appalachian Power residential customers in Virginia will see a decrease of about 4 percent in their total electric bills beginning this month. The decrease is the result of the reduction or expiration of three Rate Adjustment Clauses - or RACs. These changes will result in a Virginia residential customer paying about $114.92 for 1,000 kilowatt-hours of electricity a month. That is a reduction from more than $119 at the beginning of 2015.
February 25, 2015
AEP OHIO RESPONDS TO ELECTRIC SECURITY PLAN ORDER BY PUCO
ORDER ADDRESSES CONTINUED SUPPORT OF RELIABILITY INVESTMENTS WHILE DELAYING DECISION ON PPA ASSETS
The Public Utilities Commission of Ohio (PUCO) ruled today on the Electric Security Plan (ESP) of AEP Ohio, a unit of American Electric Power. According to company officials, the order provides for continued support of infrastructure investment efforts and recognizes the legality of a regulated utility establishing a Power Purchase Agreement (PPA). The order, however, delays a decision on whether the company can include its Ohio Valley Electric Corporation (OVEC) entitlement in the agreement.
February 25, 2015
AEP OHIO RESPONDS TO ELECTRIC SECURITY PLAN ORDER BY PUCO
GAHANNA, Ohio, Feb. 25, 2014 - The Public Utilities Commission of Ohio (PUCO) ruled today on the Electric Security Plan (ESP) of AEP Ohio, a unit of American Electric Power (NYSE: AEP). According to company officials, the order provides for continued support of infrastructure investment efforts and recognizes the legality of a regulated utility establishing a Power Purchase Agreement (PPA). The order, however, delays a decision on whether the company can include its Ohio Valley Electric Corporation (OVEC) entitlement in the agreement.
February 25, 2015
APPALACHIAN POWER CUSTOMERS SET NEW ALL-TIME PEAK DEMAND
Appalachian Power customers in Virginia, West Virginia and Tennessee set an unofficial all-time peak demand of 8,697 megawatts (MW) at 8 a.m. Friday, Feb. 20.
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