AEP Ohio files proposal with PUCO for extension on Electric Security Plan
The American Electric Power (AEP) in Ohio has filed a proposal with the Public Utility Commission of Ohio (PUCO) to modify and extend its current Electric Security Plan (ESP) through May 2024.
The proposal to extend the current ESP, which is set to expire in 2018, would continue AEP Ohio’s investments to improve customer service and reliability. Those measures include investing in a new communications system to more quickly restore services after outages and also security upgrades to protect systems from physical attacks. AEP also will continue working to replace outdated equipment and to trim trees to reduce power outages.
“AEP Ohio is focusing on making investments that enhance the reliability and quality of service that we provide to our customers. This proposal will allow us to continue programs that have improved the reliability of our service in recent years and introduce new, smarter energy technologies on our system that help the system operate more efficiently and effectively,” Julie Sloat, AEP Ohio president and chief operating officer, said.
The plan also would add smart technologies to AEP Ohio’s energy distribution network. Those measures include adding microgrids that will supply uninterrupted power to public safety infrastructures, smart street lighting systems and power to electric vehicle charging stations.
In addition, the modifications to the ESP include a mechanism to support recovery of future renewable generation investments made to benefit AEP Ohio customers and also costs linked to the company’s 423 megawatt share of Ohio Valley Electric Corp. generation.
AEP Ohio has said it would develop 900 megawatts of new renewable generation in the state, including 500 megawatts of wind generation and 400 megawatts of solar generation, if approved by the PUCOl.
AEP Ohio said it anticipates a decision from the PUCO on the filing in April 2017. If approved, the extended Electric Security plan would increase customer bills $1.58 per month for the average residential customer using 1,000 kilowatt hours each month.
