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. The supplier recently reported a total of 3,218 industrial, 68,162 commercial customers and 658,099 residential customers. This is the whole of their customer base. The residential electricity price for customers of AEP Ohio is, on average, 19.74 cents per kilowatt hour, which is 25.49% higher than the US average price of 15.73 cents. This ranks the supplier 2771st out of 2893 companies in the US for lowest average electricity price. The provider sold 16,450,654.91 megawatt hours by way of retail sales in 2022. Electricity generation and wholesale power purchases made up 9.45% and 90.55%, respectively, of the total electricity sourced. Electricity plants the company owns generated 2,195,100.76 megawatt hours and an additional 21,032,738.11 megawatt hours were purchased by way of wholesale channels. Their total revenue for 2022 from electricity activities was $3,889,116,962.5, with 10.29% coming from wholesale electricity sales and 52.07% from retail sales to end users.

Consumers of the company have an average monthly residential electric bill of $171.94. This is 22.20% more than the state average of $141.88. AEP Ohio ranks as the 121st highest total electricity generator out of 3518 suppliers in the nation. The supplier ranks as the 38th highest producer of megawatt hours from coal in the country out of 3518 companies. Electricity production facilities associated with the company use non-renewable fuels to generate 100.00% of their total electricity generation, or 10,176,443.02 megawatt hours. They rank 103rd out of 3518 suppliers in the country.