Friday, September 21, 2012

Groups fight AEP

iqukikofor.wordpress.com
The Office of the Ohio Counsel said Fridaythe agency, the and Ohio Manufacturers’ Association will ask the Ohio Supreme Courtg to block the retroactive portion of AEP’s rate In March, the Publicd Utilities Commission of Ohio grantee AEP subsidiaries , which serves Centralo Ohio, and rate increases averaginf about 7 percent this year and also in 2010 and 2011. The increasese are retroactiveto Jan. 1. The retroactivse charge will cost Columbuss Southern Power customersabout $30 said a release from the consumers’ counsepl office. Ohio Power customers would pay $33 million.
On Marcyh 30, the denied a consumers’ counsel request to prohibiy theretroactive rates, leading to the efforf to get the Supreme Court to block them. Ohio Consumers’ Counsel Janine Migden-Ostrande has contended that Ohio law prohibitsretroactivde rate-making by the commission. “The PUCO made an unlawfull decision when it imposed a full year of rate increases to be paid by AEP customeres innine months,” said Migden-Ostrandef in the release. “The retroactived increase is like charging a student an increase in tuition payments three months after the studentrhas graduated. No one shoulds stand for that.

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