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AEP Ohio

Ohio Power Company

OH · electric

Open cases
1
Updated
Jul 22, 2026

Current economics

Rate base
$8.89B

disclosed actual · Dec 31, 2025

Source ↗
Authorized ROE
9.84%

authorized · Mar 31, 2026

Source ↗
Authorized common-equity ratio
50.9%

authorized · Mar 31, 2026

Source ↗

Oversight and service

Regulatory history

Effective dateProceedingROECommon equityRate base
CurrentCurrent electric profile

Electric · Latest supported values

9.84%

Authorized · Mar 31, 2026

50.9%

Authorized · Mar 31, 2026

$8.89B

Disclosed actual · Dec 31, 2025

May 30, 2025AEP Ohio 2025 electric distribution rate case

25-392-EL-AIR · Test year ending November 30, 2025 · Electric

10.9%

Utility request · May 30, 2025

50.9%

Utility request · May 30, 2025

$5.1B

Utility request · May 30, 2025

View full observation log (14)
MetricDateStageValueScope
Large Load Credit CollateralJul 23, 2025mechanism authorized50% of total minimum charges for the full contract term Collateral is waived only if the customer meets both the specified A-/A3 ratings and the liquidity test exceeding ten times the collateral requirement.AEP Ohio Schedule DCT
Large Load Eligibility ThresholdJul 23, 2025mechanism authorizedMore than 25 MWAEP Ohio Schedule DCT
Large Load Exit FeeJul 23, 2025mechanism authorized36 months of minimum charges after year five The tariff summary permits termination after the fifth post-ramp contract year upon payment of the stated exit charge.AEP Ohio Schedule DCT
Large Load Generation Resource CostsJul 23, 2025mechanism authorizedNot identified in AEP Ohio sourcesAEP Ohio Schedule DCT
Large Load Infrastructure Cost ResponsibilityJul 23, 2025mechanism authorizedTiered study fees; full upgrade security is project-specificAEP Ohio Schedule DCT
Large Load Minimum Contract TermJul 23, 2025mechanism authorizedLoad-ramp period plus 8 yearsAEP Ohio Schedule DCT
Large Load Minimum PaymentJul 23, 2025mechanism authorized85% above the first 25 MW · 100% above 75 MW The tariff uses a tiered formula rather than one flat percentage for the customer's full contract capacity.AEP Ohio Schedule DCT
Common equity ratioMay 30, 2025utility request50.9%Requested ratemaking capital structure common-equity layer.
Rate baseMay 30, 2025utility request$5.1BRequested Ohio electric distribution rate base.
Annual revenue changeMay 30, 2025utility request$97M/yearRequested net annual distribution revenue increase.
Return on equityMay 30, 2025utility request10.9%Requested common-equity return for AEP Ohio's distribution rate case.
Common equity ratioMar 31, 2026authorized50.9%AEP Ohio distribution authorized capital structure; 49.1% debt and 50.9% equity.
Rate baseDec 31, 2025disclosed actual$8.89BAEP Ohio company-disclosed total distribution and transmission rate-base proxy.
Return on equityMar 31, 2026authorized9.84%AEP Ohio distribution authorized return on equity.