What is AEP Ohio kWh rate?

What is AEP Ohio kWh rate?

3.27 cents per kWh
The EIA (U.S. Energy Information Administration) states the typical rate for electricity in the AEP Ohio region is presently 3.27 cents per kWh.

How much does AEP charge per kWh?

Average I&M (AEP) Electric Bill

Based on average usage of 853 kilowatt hours (kWh) per month, as of 10/25/21*
Month
Total Monthly Bill: $124.81
Price per kWh (with fixed charge): $0.146316
Price per kWh (w/o fixed charge): $0.128731

What is AEP Ohio current rate?

AEP’s residential “Price to Compare” for the generation supply portion of your bill for the period of October 1, 2021 to December 31, 2021 is $ 0.0514/kWh. The offer prices below reflect that of the generation portion of your bill.

Is AEP Energy cheaper than AEP Ohio?

AEP Energy: An electricity supply provider We produce our own electricity and sell it to customers at market-based prices rather than regulated rates offered by your local utility, AEP Ohio, resulting in more competitive pricing.

Did electric rates go up in Ohio?

The power company asked state regulators Monday to approve an increase in AEP Ohio’s base rates that, if approved, would cost the average residential customer who uses 1,000 kilowatt hours a month an extra $2.20 in 2021. …

How much does electricity cost in Ohio?

The average electricity price in Ohio is 12.29¢ per kWh which ranks 26th among states. Ohio also ranks in the middle of the pack in terms of usage, with average residential usage at 873 kWh a month. The average electricity bill in Ohio is $107.30 per month.

Why is AEP so expensive?

The reason why your electricity bills are so high is that the more electricity you use, the more you pay per unit of electricity. If your typical electricity usage is 900 kWh per month, and your average cents per kWh is $0.15, you would pay something around $135 per month.

What is Duke Energy current electric rate?

Average Duke Energy Electric Bill

Based on average usage of 1,012 kilowatt hours (kWh) per month, as of 10/25/2021*
Rates Month
Base Rates
Monthly Fixed Charge $10.54 $10.54
0-300 kWh rate $0.148799 $44.64

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