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PUCO Public Hearing on AEP Rate Proposal to Take Place in Marietta On Tuesday
Posted on: 05/14/2014
By  Justin Bradley, Mike Cullums
The Public Utilities Commission of Ohio is conducting public hearings across the AEP Ohio service area, and one of those hearings takes place in Marietta next week.
The PUCO says the purpose of the hearing is to give people an opportunity to comment on AEP’s Electric Security Plan application. The hearing takes place in Graham Auditorium at Washington State Community College starting at 6 PM next Tuesday.
An Electric Security Plan – or ESP - is a rate plan for the supply and pricing of electric generation services, and the PUCO first approved one for AEP in March 2009.
Now the power company is proposing to use a new competitive bidding process for its next ESP, which would run from June of next year to May 2018. 
How will this affect your bill?  Holly Karg with the PUCO explains.
“Right now it’s just an application that’s been filed with the PUCO. We haven’t ruled on anything yet. That’s why we’re having these public hearings, so people can come and give their comments for the record. As far as the effects this might have on individual households – that hasn’t been determined yet,” she says.
In its application, AEP estimates that various customer classes could experience annual rate changes ranging from a 27 percent decrease to a 6 percent increase during the ESP’s term.
Karg says the PUCO has provided rough cost estimates and scenarios on its website.  You can find those, as well as PUCO public meeting guidelines, online at puco.ohio.gov 
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