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Proposed rate increase by AEP could impact over 1 million Ohio residents
A proposed rate increase by American Electric Power Ohio (AEP) could impact over a million Ohio residents, raising the company's revenue by 41%. This would translate to an average $4 monthly increase for consumers, or 2.14%, following a rate hike earlier this year. The Ohio Consumer Counsel has expressed concerns, with J.P. Blackwood stating ...
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