“We hope to
have that decision by the end of the year.
But, we also know the Commission does not have a set calendar on this
and can take more time if needed. Our
plan is, obviously, to get out and talk to our communities about what we are
proposing, help answer their questions.
Once approval is received, we expect this plan to be implemented in four
years. So, it will take time to engineer
and then install the devices and equipment in these communities.”
says the total estimated cost of the project is about $290 million, and AEP
proposes to finance it through a charge on customers’ bills. If approved, the
average customer would see a $2 per month charge on their bill for a five-year