Safe Harbor 18
- Rate 6.49¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Ohio
- Terms and Conditions
Electricity Rates, Plans & Statistics
With headquarters in Columbus, Ohio, AEP Ohio provides electricity to 61 counties throughout the state and is classified as an investor owned company. AEP Ohio's patrons pay an average residential electricity rate of 17.39 cents per kilowatt hour. Sadly, this is 16.38% higher than Ohio's average price of 14.94 cents. They had total sales and disposition of 16,785,026.21 megawatt hours in 2021, of which 5,531,809.94 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 11.96% and 88.04%, respectively, of the total electricity sourced by the company. The revenue for AEP Ohio for 2021 from electricity sales was $3,078,544,081.2, with $1,344,274,744.6 coming from retail sales to end users and $284,008,336.6 from wholesale electricity sales.
Consumers of the company have an average monthly residential electric bill of $155.38. This is 24.08% more than the state average of $123.87. AEP Ohio ranks as the 99th highest total electricity generator out of 3509 suppliers in the nation. The supplier ranks as the 32nd highest producer of megawatt hours from coal in the country out of 3509 companies. Electricity production facilities associated with the company use non-renewable fuels to generate 100.00% of their total electricity generation, or 12,901,103.8 megawatt hours. They rank 82nd out of 3509 suppliers in the country.
Offering net metering to consumers is a win-win situation for AEP Ohio and people who receive their electricity from the company. Without net metering, solar panel purchased are significantly less economically realistic, as individuals have no way to sell excess electricity back to their electric company.
AEP Ohio recently reported an annual loss of around 2.65% of the electricity that they generate. Loss of electricity due to heat dissipation during electricity transmission and other causes is operating in the electricity generation business and providers are required to report these losses. AEP Ohio's energy loss amounts give them a ranking of 26th best out of the 167 providers that operate in the state and report energy loss and 362nd best out of 3509 in the US.
AEP Ohio residential electric rates are highest in January and the highest average bill is in July.
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AEP Ohio offers a total of 20 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
AEP Ohio's energy loss due to business operations.
Total Energy Loss
362 National Rank
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
|Plant||City/County||State||Primary Fuel Type||Production (MWh)||Emission (kg)||Emissions/MWh||Toxic Chemical Release||Closing Date|
Clifty CreekIndiana Kentucky Electric Corporation (100.00%)
Kyger CreekOhio Valley Electric Corporation (100.00%)
* City coverage generated based on government data. Always verify you can get service from the provider.
Nick Akins is the CEO of AEP Ohio.
Power plants owned by or associated with AEP Ohio produce 100.00% of their electricity from nonrenewable fuel types.
AEP Ohio produces 0% of their electricity using renewable fuel sources.
You can reach AEP Ohio by phone via (800) 672-2231.
AEP Ohio supplies in 452 cities in the country including Ohio.
There are 3 power plants associated with or owned by AEP Ohio.
AEP Ohio owns Ohio Valley Electric Corporation.
AEP Ohio is owned by American Electric Power.
AEP Ohio's current average bundled electricity rate is 17.39 cents per kilowatt hour (¢/kWh), compared to the average Ohio bundled rate of 14.94 cents and the average United States rate of 15.39 cents.
AEP Ohio currently has an average monthly bundled electric bill of $155.38, compared to the Ohio average of $123.87 and the United States average of $123.87 for bundled service.
AEP Ohio supplies electricity to customers in 61 counties throughout the United States including Ohio.