COLUMBUS, Ohio, Dec. 15, 2000 – Electric customers served by AEP’s operating company Columbus Southern Power (CSP) now have access to “price to compare” information. CSP’s tariffs setting out its prices were recently approved by the Public Utilities Commission of Ohio (PUCO). The price to compare is the price a competitor must beat to save a customer money, and is a key piece of information for customers who are interested in shopping for an alternate electric supplier.
Distribution of electricity remains regulated and CSP customers with service problems or an outage should still call the company at 1-800-237-2177.
The average price to compare for residential customers of CSP is 4.42 cents per kilowatthour. This price to compare is available to the first 25 percent of residential customers who switch during the market development period, which runs Jan. 1, 2001, through Dec. 31, 2005, at the latest. Because this is only an average price, the actual price that will be listed on individual customers’ bills in February may be slightly different because of factors such as amount of electricity consumed, or time of use.
Other tariff averages, per kilowatthour, are:
GS-1 (commercial customers, low use) | 6.34 cents |
| GS-2 (commercial customers, low load factor, 10 kw or greater) | 6.29 cents |
| GS-3 (medium load commercial customers, more than 50 kw) | 4.44 cents |
| GS-4 (large load commercial customers, more than 1,000 kw) | 3.56 cents |
| Area light | 3.96 cents |
| Street light | 2.11 cents |
CSP customers who choose to switch to another electric supplier should contact their chosen supplier. The customer will need to provide the SDI (service delivery identifier number) that appears on their bill, and not the account number. Customers with multiple service points – for example, home service and outdoor lighting – will need to tell the new supplier each SDI that they want to switch.
More information about electric choice, including a list of suppliers, is available on AEP’s web site at aep.com, and at OhioElectricChoice.com.
American Electric Power is a multinational energy company based in Columbus, Ohio. AEP owns and operates more than 38,000 megawatts of generating capacity, making it one of America’s largest generators of electricity. The company is also a leading wholesale energy marketer and trader, ranking second in the U.S. in electricity volume. AEP provides retail electricity to more than 9 million customers worldwide and has more than $35 billion in assets, primarily in the U.S. with holdings in select international markets. Wholly owned subsidiaries are involved in power engineering and construction services, energy management and telecommunications.
Contact:
Deb Strohmaier
Ohio Corporate Communications Manager
American Electric Power
614/629-5027
Pager: 888/720-9418