AEP Ohio

About AEP Ohio

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.