AEP Ohio

About AEP Ohio

With headquarters in Columbus, Ohio, AEP Ohio provides electricity to 60 counties throughout the state and is classified as an investor owned company. AEP Ohio's patrons pay an average residential electricity rate of 19.56 cents per kilowatt hour. Sadly, this is 17.34% higher than Ohio's average price of 16.67 cents. They had total sales and disposition of 18,015,526.91 megawatt hours in 2023, of which 5,314,419.95 were from wholesale sales to other electricity companies. The electricity sourced by the company is made up of multiple sources including megawatt hours they generate in their power plants and supplementary megawatt hours purchased by way of wholesale channels. These categories comprise 11.28% and 88.72%, respectively, of the total electricity sourced by the company. The revenue for AEP Ohio for 2023 from electricity sales was $4,062,905,143.81, with $1,984,746,783.61 coming from retail sales to end users and $335,716,360.2 from wholesale electricity sales.

Consumers of the company have an average monthly residential electric bill of $170.75. This is 18.72% more than the state average of $144.68. The company's consumers are faced with an average of 0.96 electrical outages per consumer a year. These outages last on average of 147.6 minutes, while the national average is 1.44 outages per customer and 123.49 minutes an outage. The supplier produces a total of 9,853,987.14 megawatt hours from the burning of coal. AEP Ohio ranks as the 127th highest total electricity generator in the country out of 3530 providers.