AEP Says EPA Rules Will Raise Businesses’ Rates 10-35%

Proposed Environmental Protection Agency (EPA) regulations would cost AEP $6 billion to $8 billion by the end of the decade and raise electricity prices for its business customers by 10 to 35 percent or more, the utility said today. AEP said that cumulative costs of EPA regulations have been “vastly underestimated”, and a constrained timeframe […]