Jan. 6, 2023
Several months after powerful storms whacked AEP Ohio’s transmission system and forced the power company to turn off electricity to some Columbus-area neighborhoods to avoid a larger power loss, AEP is now asking for more money from customers to bolster its grid and replace aging equipment.
In return, AEP would invest $2.2 billion over a six-year period on projects meant to boost reliability and launch pilot programs that could provide backup sources of power in the event of local outages.