AES Price Hike Approved - AES OHIO CUSTOMERS CAN EXPECT BILLS TO RISE
[AES price hike approved by PUCO could add more than $40 per year to Dayton area electric customer bills. Learn how the OCC plans to fight it.]_Learn why AES Ohio customers face a price hike that could add over $40 more this year to their bills. Find out how the OCC is fighting it._
It’s exactly what you don’t want to hear. If you are an AES OHIO [https://www.ohenergyratings.com/companies/dayton-power-light] customer, your bills will be going up. At the end of May 2024, PUCO approved a 53% increase to transmission charges [https://www.whio.com/news/local/aes-price-hike-approved-how-much-your-bill-could-go-up/PBCCUPERQBEYJLT565J3O7WZ3U/]. While there are plenty of objections to this increase, those are still in the legal pipes. As a result, the case may not resolve before in time to help your summer electric bills. So let's see how much can you expect to pay with the AES price hike in place
WHY DOES AES WANT A PRICE HIKE?
In August, 2023, the PUCO authorized [https://dis.puc.state.oh.us/ViewImage.aspx?CMID=A1001001A24E29B50211C03240] AES OHIO to add a transmission cost recovery rider (TCRR) to its bills. The TCRR charge recovers transmission costs charged to AES by the FEDERAL ENERGY REGULATORY COMMISSION (FERC) or PJM Interconnection. In March 2024, AES applied to update TCRR rates to go into effect on its June 2024 bills.
On March 22, the OHIO CONSUMERS’ COUNSEL (OCC) moved to intervene on behalf...
