Ohio sets electricity prices for AEP competitors

Published July 2, 2012 10:14pm ET



COLUMBUS, Ohio (AP) — Ohio utility regulators on Monday set a new pricing structure for fees that competitors must pay the Columbus-based American Electric Power as it transitions to a competitive market.

The decision by the Public Utilities Commission of Ohio followed a months-long battle that included dueling television ads between AEP and a chief competitor, Akron-based FirstEnergy Solutions, over whether the plan to charge AEP competitors was fair.

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