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‘Not being regulated,’ AES Ohio yearly rate increase to affect customers electric bills

Many AES Ohio Customers will soon be seeing a bump in their next electric bills thanks to a rate increase that went into effect over the weekend.

As reported on News Center 7 at 5:30 p.m., AES customers can expect an increase in their next electric bill.

Thanks to a ruling by the Public Utilities Commission Of Ohio (PUCO), AES can now pass on increased transmission charges of the fee for delivering electricity to more than half a million customers in the region.

The Ohio Consumers Counsel says on average, that will equal a $40 or more yearly increase for the normal customer because of recent AES projects.

>> RELATED COVERAGE: AES Ohio price hike approved; how much your bill could go up

“Nobody is reviewing them, to see that the utilities aren’t spending too much on these projects and that the utilities are spending their money prudently,” J.P. Blackwood, the Public Affairs Liason for the Ohio Consumers Counsel said. “They’re just not being regulated. And we’ve asked the for the Federal Energy Regulatory Commission to review that process and we’re hoping we’re gonna get some more review of this type of charge.”

The good news is that the usage charge for electricity has recently dropped for AES customers and Blackwood says the OCC recommends staying with the company’s basic plan.

“That price went down from about 9.1 cents a kilowatt hour to 8.6 cents a kilowatt hour, and that’s for those people who are choosing the standard offer,” Blackwood said. “We recommend that consumers seriously consider getting their electricity through the standard offer. That’s where they get it through an auction-based process through their utility.”

The Ohio Consumers Council has filed a complaint with the Federal Energy Regulatory Commission for increased regulation on the matter and asking that all charged be refunded to consumers if that complaint is supported.