AEP Ohio’s Electric Security Plan
Updates To Aep Ohio’s Service Offer
AEP Ohio recently filed an Electric Security Plan (ESP) application with the Public Utilities Commission of Ohio (PUCO) on Jan. 6, 2023 that continues our commitment to improve reliability, foster innovation and offer programs to help customers reduce energy usage and save money. The plan would invest $2.2 billion in reliability-focused projects over the six-year ESP term beginning in June 2024. Read more below to learn about our new proposed plan and how it will help improve the reliability of your service.
What's Proposed?
Proactive Reliability & Grid Resiliency Investments - More than 5,500 conductor miles and hundreds of pieces of aging equipment across Ohio would be upgraded, replaced or rebuilt before they reach the end of their expected life. We’ve also identified nearly 250 circuits where customers have experienced multiple outages and will focus additional efforts on making improvements to their service through these upgrades. Watch this video to learn how our electrical system works to better understand where these upgrades are being made.
Tree Maintenance Program - Fallen trees and branches are one of the main causes of power outages. Our planned investment will allow us to continue our four-year trim cycle to help keep power lines free of trees and reduce outages both inside and outside of the right-of-way.
Energy Savings & Demand Response Programs - A suite of energy efficiency and demand response programs would provide incentives
for customers to reduce energy usage. Our ability to manage the flow of electricity through the electric grid allows us to use the grid most efficiently. Proposed programs would offer incentives to customers to allow us to manage certain high-demand items in their homes. By reducing energy needs on our system, we can make sure we are using the grid most efficiently and can safely keep power flowing. Ultimately, we can save all customers money by reducing usage during the highest demand times.
Senior Discount Program - Qualifying customers 65 years of age or older would receive a $5 discount off their monthly customer charge.
How will this impact my bill?
If approved as filed, customers who use 1,000 kilowatt hours of electricity per month would see an average monthly increase of about 2% — or about $4 — each year of the ESP term.
Next Steps:
The PUCO holds a hearing and reviews the request and all testimony submitted.
After extensive review, the PUCO will issue its opinion and order approving or modifying the application, likely within the next year.