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The state’s high court, in a merit decision this dismissed the complaint filed by theOhio Counsel, which asked that justices temporarily block American Electric from collecting retroactive increase costsa from customers. The Public Utilities Commission of Ohio to AEP in Marcu and allowed the company to collecty a year of increased rates over nine months becaus ethe regulator’s decision came three months after an original deadline. AEP’es Columbus Southern Power Co. and Ohio Power Co. subsidiariesd and the PUCO sought to dismissthe complaint. The Counsel and other groups have filed request s for a PUCO rehearingon AEP’s rate hike.
“We’rs hoping that, in spite of the court’s decision, they’ll take a second look at the overalldecision (on AEP’s rate increase),” said Counsel spokesman Ryan Lippe. “If we don’t like what they do, we’red not precluded from going tocourt again.” Consumers’ Counsel allegexs portions of the rate hike violates state law and regulatory rules. Some groupse commercial and residential rates have exceeded caps the PUCO establishec in itsMarch decision. Columbus-based AEP has maintained it is in compliancwewith regulators’ orders, saying the higher-than-expected bills are tied to the retroactivr costs and other factors.
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