has aep had an increase?
Moye said AEP approved a rate increase in 2016, raising the rate from 9.5 cents per kWh to around 12 cents per kWh. The 2016 rate increase coincided with colder temperatures, resulting in bills that could frustrate some rate payers. As far as the meter readings, we've had a lot of comments about that, too, Moye said.