AEP customers criticize proposed rate hike
The Dispatch wroteAEP customers criticize proposed rate hike
Tuesday, October 21, 2008
BY DAN GEARINO
Stung by a slumping economy and rising expenses, several American Electric Power customers said today that they can’t afford the utility’s plan to raise rates about 15 percent in each of the next three years.
“To say that a monumental rate increase would cause hardship is an understatement,” said Dianne Garrett of Whitehall. She was one of 25 speakers at a Public Utilities Commission of Ohio hearing on the rate plan. Roughly half had concerns about the cost, while others praised AEP’s charitable work or spoke about environmental issues. The commission will rule on the request later this year.