Latest news with #AEPOhio
Yahoo
2 days ago
- Climate
- Yahoo
Nearly 3,000 residents on Columbus' East Side without power on July 29, AEP says
Nearly 3,000 people are without power on Columbus' East Side, according to a Facebook post from AEP Ohio. AEP said the outage was reported just before 5:40 p.m. July 29, according to its outage map. The utility company did not immediately say what caused the outage. Crews have responded to the area, and AEP estimates that electricity will be restored at 9:30 p.m., the map says. The outage is affecting residents living on East Main Street between Hamilton and Noe-Bixby roads, according to the outage map. Affected residents may register for updates on power restoration at Reporter Shahid Meighan can be reached at smeighan@ at @ShahidMeighan on X and at on Bluesky. This article originally appeared on The Columbus Dispatch: AEP: Nearly 3,000 people on Columbus' East Side without power July 29 Solve the daily Crossword
Yahoo
4 days ago
- Business
- Yahoo
PUCO Adopts AEP Ohio Data Center Proposal to Protect Consumers
American Electric Power Company, Inc. (NASDAQ:AEP) is among the 13 Best Electrical Infrastructure Stocks to Invest In. American Electric Power Company, Inc. (NASDAQ:AEP)'s unit AEP Ohio's plan to guarantee data centers pay for the infrastructure needed to satisfy their high energy demands was accepted by the Public Utilities Commission of Ohio (PUCO) on July 9, 2025. A series of large electrical transmission towers providing power to the public. Large data center clients are required under the agreement to pay for a minimum of 85% of the energy they have contracted for, regardless of lower usage. Smaller facilities are subject to a sliding scale, and exit fees and financial viability proof are necessary. The regulations are in effect for 12 years, with a 4-year ramp-up period. The plan also lifts the previous restriction on new Central Ohio data center agreements. American Electric Power Company, Inc. (NASDAQ:AEP)'s AEP Ohio, which serves 1.5 million consumers in 61 counties, submitted the plan in May 2024, with the cooperation of PUCO personnel, the Ohio Consumers' Counsel, and the Ohio Energy Group. President Marc Reitter stressed how crucial it is to coordinate infrastructure planning with data center expansion. The decision benefits Ohio's technology sector while protecting other ratepayers from bearing the infrastructure burden. While we acknowledge the potential of AEP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Sign in to access your portfolio
Yahoo
25-06-2025
- Climate
- Yahoo
AEP Ohio says no blackouts expected despite heat wave; here's how to help prevent them
As central Ohio sweats its way through June, only one thing could make this oppressive heat worse: a power outage. Thankfully, AEP Ohio isn't expecting one. Director of operations Matt Bennett said there's been no indication from PJM Interconnection, the organization that manages the electricity grid for Ohio and 12 other states, that an electrical outage is anticipated in the coming weeks. That's not to say that an "emergency load reduction," commonly known as a blackout, isn't possible. Bennett said the process would involve temporarily cutting power to one group of circuits for some minutes, then restoring it and moving onto the next group. "That's why they call it a rolling blackout, because you're rotating the outages to ultimately reduce the demand on the system," Bennett said. "There's never a convenient time for a power outage, so you're trying to make it as least inconvenient and least impactful for the customer as possible." Temperatures are projected to be in the high 90s the next few days, with heat index values reaching as high as 104 degrees. On June 25, temperatures are expected to slightly drop, remaining in the low 90s through June 29 at least. Now until 8 p.m. on June 24, Columbus and much of Ohio are under a heat advisory issued by the National Weather Service due to consecutive days — and even nights — of high heat and humidity. In the past few days, PJM has issued multiple alerts regarding the heat wave, which Bennett said serve as preventative measures to ensure the electrical grid is in the best possible condition amid extreme temperatures. There is a possibility that PJM directs a formal energy conservation request to industrial and residential energy users in a further attempt to be proactive, but a blackout itself is "an absolute last resort," Bennett said. To help fend off this outcome, Bennett said people should minimize their electricity usage between 3-6 p.m., when demand is highest. During this period, you should avoid charging your electric vehicle and using large appliances like ovens, dishwashers and dryers. Bennett also advised turning your thermostat up a few degrees — ideally to 78, as recommended by AEP. Even if it's turning off lights or unplugging phone chargers, Bennett said "every little bit helps." "It may not seem a lot for each individual person, but on a larger scale, it can really make a big impact, because this is truly a supply and demand issue," Bennett said. "The overall goal is that we protect the grid, which ultimately will keep the energy flowing for all of us." AEP Ohio remains in "close communication" with PJM, and Bennett encouraged Ohioans to follow AEP Ohio on Instagram, X or Facebook to stay updated on potential blackouts and learn more tips to conserve energy. Reporter Emma Wozniak can be reached at ewozniak@ or @emma_wozniak_ on X, formerly known as Twitter. This article originally appeared on The Columbus Dispatch: AEP Ohio says blackouts, power outages not expected despite heat wave
Yahoo
25-06-2025
- Climate
- Yahoo
Heat advisory extended to June 27 as series of pop-up storms move through central Ohio
As a series of pop-up storms move through central Ohio this afternoon and evening, the National Weather Service has extended a heat advisory until 8 p.m. Friday, June 27, because of forecasted high daytime heat indexes and overnight lows. The storms had knocked out power to more than 1,225 AEP Ohio customers in Upper Arlington and Columbus' Northwest Side, as well as more than 350 in Reynoldsburg and another 225 in Columbus' German Village area as of 4:45 p.m., according to the utility's outage map. While power was restored to all but a few customers in Upper Arlington and Columbus' Northwest Side as of 5:20 p.m., the outage map indicated the outages in German Village and Reynoldsburg continued. Meanwhile, the weather service has also issued a flood advisory for Delaware and Franklin counties as the passing storms are expected to dump heavy rain, potentially causing minor flooding. The advisory is scheduled to expire at 6:30 p.m. Some areas that may experience minor flooding include Columbus, Dublin, Westerville, Upper Arlington, Hilliard, Worthington, Polaris, and Clintonville. The storms have already dumped between 1½ and 3 inches of rain, the weather service said. Additional rainfall amounts of up to an inch are also possible. The weather service also extended the heat advisory until 8 p.m. June 27, as heat index values are expected to be in the upper 90s to the lower 100s the next two days, the weather service said. In addition, central Ohioans can expect no relief after the sun goes down as nighttime air temperatures ar not expected to drop below 75 degrees. The heat advisory began Sunday, June 22, and was originally supposed to end at 8 p.m. Wednesday, June 25 until it was extended to Friday. The Central Ohio Transit Authority (COTA) announced late afternoon on June 25 that it will continue to suspend fares system-wide through Friday, June 27, as a result of the weather service extending the heat advisory in Franklin County. Fares have been suspended since Sunday, June 22 when the heat advisory first began. COTA suspends fares on all transit vehicles on all routes when the weather service issues either a heat or cold advisory or warning due to extreme temperatures. The extension of the heat advisory comes as more than 100 people in Columbus have become sick from heat-related illnesses, The Dispatch previously reported. On June 24, more than 2,100 residents living on parts of the city's Northeast and North Central sides were affected by power outages. Power was eventually restored around 11 a.m. on June 25 to a majority of customers, though over 200 remained without power at that time. That figure was down to 14 customers as of 4:45 p.m., according to AEP Ohio's online outage map. Reporter Shahid Meighan can be reached at smeighan@ at ShahidMeighan on X, and at on Bluesky. Public Safety and Breaking News Reporter Bailey Gallion can be reached at bagallion@ This article originally appeared on The Columbus Dispatch: Despite passing storms, heat advisory extended to 8 p.m. June 27
Yahoo
23-06-2025
- Business
- Yahoo
Intel's delay is costing AEP Ohio, but company says price hikes are unrelated
NEW ALBANY, Ohio (WCMH) — After Intel delayed construction into 2031, AEP Ohio was left with a nearly complete power station and nothing to power. In September 2024, the Public Utilities Commission of Ohio approved an authorized rate agreement between Intel and AEP Ohio. Now, the companies are hoping PUCO will approve an amended agreement, as Intel's delay postpones when AEP Ohio can start benefiting from its investment. Intel and AEP Ohio filed for an updated agreement on June 5, just four days after AEP Ohio announced a rate increase for customers. Despite the timing, an AEP Ohio spokesperson told NBC4 the rate increase was unrelated to its agreement with the semiconductor giant. Intel to lay off up to 20% of division responsible for Ohio plant 'Those are pass-through charges from generation suppliers to AEP Ohio customers, largely driven by power supply and demand across the 13-state power grid that includes Ohio, and AEP Ohio makes no money on them,' an AEP Ohio spokesperson told NBC4. Once Intel is up and running, it will have its power costs offset by Ohioans, who will pay small added fees through the distribution investment rider. This added fee is not unique to Intel; as of June, AEP customers already pay between $2-$3 each bill through unrelated DIR fees. 'The costs associated with AEP Ohio investments to be used in serving Intel will not be reflected in rates until after Intel begins taking permanent power at the fabrication facilities,' AEP Ohio said via a spokesperson. The original agreement said AEP Ohio would cover the costs of a 500 megawatt power substation, dubbed Green Chapel Station, to deliver Intel's vast power demand. According to the Nuclear Regulatory Commission, that is enough MW to power as many as 500,000 homes. AEP Ohio would be able to bill other Green Chapel Station users, and Intel would pay an undisclosed cheaper rate for 20 years. Sweeping property tax reform may save Ohioans $850 The station will be ready for service in August, and the new PUCO filing said AEP Ohio is about $10.4 million under the $95.1 million budget. According to the filing, AEP Ohio built the Green Chapel Station to align with Intel's original plan and needs. 'Due to Intel's two-year delay, even though the Green Chapel Station will be ready to use in accordance with the original timeline, Intel is not prepared to take service, preventing AEP Ohio from placing the Green Chapel equipment in service and incorporating it into the DIR,' the filing said. The new agreement asks for continued construction cost coverage for AEP Ohio to offset the delay. Intel has also agreed to cover any costs associated with the continued construction allowance that would push the total project cost beyond the original budget. Intel referred NBC4 to the state filing in lieu of a statement. The PUCO filing now awaits approval or other action from the state. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
