Aep Rate Increase 2024 March. Effective monday, april 1, 2024, aep ohio raised the largest component of the transmission portion of their residential rate. The increase could be between rm12 and rm32 under new electricity tariffs announced by the energy commission yesterday for the period of jan 1 to june 30, 2024.

Longer term contracts (24 to 36 months) will be the cheapest electricity options, while natural gas prices, regulatory changes and weather. Learn how the rate increase will impact your bill, what benefits you will see, and how.