Aep Rate Increase 2024. Earlier this year, appalachian power petitioned the. In january, we filed our electric security plan (esp), which included a proposed investment in infrastructure to improve the reliability of your service starting in june 2024.

Aep ohio customers are looking at another rate increase starting in 2024 under a deal that the power company has struck that lays out its plans to bolster its ohio grid over the next four. State regulators have approved an increase in transmission costs for aep ohio that will boost rates by about $10 a month for residential customers.