AMP, ratepayer advocates oppose ROE, rates proposed for $1.1B AEP-FirstEnergy transmission project [Yahoo! Finance]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
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Source: Yahoo! Finance
American Municipal Power and the ratepayer advocates for Maryland and Ohio are challenging the proposed return on equity for a roughly $1.1 billion transmission project by Grid Growth Ohio, according to protests filed at the Federal Energy Regulatory Commission. Grid Growth Ohio is a joint venture of Transource Energy — a partnership between American Electric Power and Evergy — and FirstEnergy Transmission. Data centers are driving the 765-kV and 345-kV project in Ohio, but about 60% of the project's cost will be paid for by Ohio ratepayers, according to the Office of the Ohio Consumers' Counsel. Ohio has enacted legislation and adopted policies that aim to protect consumers from the costs of serving new data centers , but the proposed formula rate from Grid Growth Ohio lacks similar protections, the OCC said in a Friday filing at FERC The proposal includes incentives that would lead to an “impermissible transfer of risk onto ratepayers ,” the Maryland Office of People's Counse
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AEP
Earnings
- 2/12/26 - Beat
AEP
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/18/26 - Form ARS
- 3/18/26 - Form DEF
- AEP's page on the SEC website