Aep Ohio Rate Increase 2024. The increase is due to higher generation supply prices and increased energy use, especially during the summer months, marc reitter, aep ohio's. Under the esp v term, which will run from june 2024 through may 2028, a typical residential customer using 1,000 kwh per month would see an average annual increase of.

New strs ohio benefit recipients are eligible to receive a cola beginning on the fifth anniversary of their retirement date. The summer electricity rate increase could have your bill go up 28% from today’s typical bill of about $155 to about $198.