On November 3rd AEP Ohio announced an extension of the application deadline for participating in the 2014 energy efficiency incentives programs. In order to qualify for incentives under the 2014 program a final application, signifying that installation of all equipment has been completed, must now be submitted to AEP by the year's end.
Good news is out for those with small businesses in the AEP Ohio service territory. The Public Utilities Commission of Ohio (PUCO) has revoked the Electric Security Plan settlement which it had originally agreed upon in December of last year.
Many Americans and American businesses have been feeling the pinch of the recession and extended economic downturn. Every increase in prices from fueling up our cars to the cost of groceries is making it that much more painful. AEP residential and commercial customers in Ohio can add their electric bills to that list. From December 2011 to January 2012 residential rates of AEP's Columbus Southern Power customers rose 4 percent and AEP's Ohio Power customers by 5 percent. Worse yet, small business (commercial) customers are seeing even higher increases.