AEP-PSO files request for a rate hike
Friday, October 31st 2003, 12:00 am
By: News On 6
Your electricity bill may be going up, if the utility company gets its way. AEP-PSO is considering a request for a rate hike from the state Corporation Commission.
The company says its annual revenues are more than $36-million less than it's costs. AEP-PSO filed financial information and supporting testimony to the Oklahoma Corporation Commission Friday.
It will take several months for the state to decide, but if the rate hike passes, the bill for a customer using 1,000 kilowatts a month would increase about $2.50 per month.