Loading…
Wednesday, October 01, 2014
Current Weather
Loading Current Weather....
HomeNewsCourts
Published: Thursday, 9/4/2014

Court rules against Ohio utility AEP in coal dispute

ASSOCIATED PRESS

COLUMBUS  — The Ohio Supreme Court has sided with state utility regulators in a dispute with American Electric Power over how much the company can charge customers for coal.

The Columbus Dispatch reports that the court, in a unanimous ruling Wednesday, rejected AEP’s contention that it should have been able to keep $71.6 million that it received related to a coal contract in 2009.

AEP disagreed with the Public Utilities Commission of Ohio about how much of the money should be credited to consumers. The commission allowed AEP to keep some, but not all, of the $71.6 million.

An AEP spokeswoman says the company is “disappointed” with the decision.

The Columbus-based utility has about 1.5 million customers in Ohio.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories