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AEP Ohio Wants Customers To Cover Storm Damage Costs
By: Associated Press
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American Electric Power wants to make its customers pick up the $61.8 million tab for repairs resulting from last summer's severe storms.
The reimbursement request the company filed with the Public Utilities Commission of Ohio is one of the largest ever in the state.
It would cost about $3 a month for a typical household and would be paid for a year. That works out to about a 2% rate increase.
AEP's system suffered mass power failures because of the June 29 storm. Nearly half of the company's 1.5 million Ohio customers lost power, some for more than a week.
Utility spokeswoman Terri Flora said it is typical for utilities to go to customers to recover costs for large-scale storms