AEP Ohio Hikes Rates This Month - SAVE BEFORE RATES HIKE YOUR BILLS
[AEP Ohio wants charge you more on your Ohio electricity bills. Learn how their BTCR rate increases everyone's monthly energy bills.]_AEP Ohio is seeking to increase their BTCR charges to your monthly Ohio electricity bill. Find out how much you can save when you shop and switch to the best plan providers._
The AEP OHIO transmission rate hike kicks in this month. So, if AEP OHIO is your local utility company [https://www.ohenergyratings.com/companies], then you’re stuck with this hike. This higher charge is part of the Basic Transmission Cost Rider (BTCR). But, the cost of the BTCR charge depends on who you ask. According to AEP OHIO, it adds $10 to an average customer's bill. The OHIO CONSUMER'S COUNSEL, meanwhile, puts the cost to customers using 1000 kWh at around $44 per month [https://www.dispatch.com/story/business/energy-resource/2024/03/27/electric-bills-going-up-10-for-aep-ohio-residential-customers/73108545007/]. Still, for all Energy Choice Ohio [https://www.ohenergyratings.com/apples-to-apples] customers, this is going to hurt. So, let's find out why AEP is raising their rates and how you can save money despite the hike.
AEP OHIO GRID UPDATES ARE EXPENSIVE
With ongoing problems with aging grids [https://www.toledoblade.com/local/politics/2024/02/01/grid-operator-warns-future-power-supply-issues/stories/20240201120], utilities are looking for solutions. Unfortunately, many of these solutio...
