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What is the Price to Compare?

Residential

There are several components that make up the amount you are charged on your energy bill. One you’ve probably heard about is the “Price to Compare” rate or PTC, but what is it, exactly? The Price to Compare rate is the price that local utility is charging (per kWh) for the generation portion of your …

Why an Effective Cost Management Strategy is Important for Your Business

Commercial

Energy cost is a considerable part of any organization’s operating budget – and an important one to get right. However, some businesses with abundant electric and natural gas accounts across many regions and utilities find that cost management is challenging and best practices are difficult to implement. For some, effective cost management results in administrative …

Why Choose a Fixed-Rate Plan?

Residential

With many options to choose from, we want to help you understand the different types of energy plans so that you can make an informed decision to enroll with a supplier like AEP Energy. If you live in a deregulated state, energy choice makes it possible for you to shop for and select a supplier …

Which Appliance is Consuming the Most Energy in Your Home?

Residential

We all know it requires a significant amount of energy to power a home, but have you ever wondered which appliance is using the most? We decided to do a little research and find out which household appliances are the top five highest energy consumers and if there’s a way to better control your usage …

Your Energy Bill Explained

Residential

We understand that there’s a lot of information on your energy bill. As your trusted energy supplier, we want to make sure you understand key terms found on your energy bill, as well as the charges you’re paying each month. Terms to Know Below are a few key terms that might appear on your bill: …

What you need to know about the Inflation Reduction Act of 2022

Commercial

The Inflation Reduction Act of 2022, not to be confused with an Individual Retirement Account, is a bill passed that aims to reduce the deficit, lower prescription drug costs, and invest in domestic energy production while promoting clean energy solutions. The Inflation Reduction Act or IRA modifies, extends and creates a variety of tax credits …

Winter Home Energy Preparedness in Ohio

Residential

When it comes to winter home energy preparedness in Ohio, a little planning goes a long way. From lake-effect snow in the northern regions to ice storms across the Buckeye State, Ohio winters require preparation ahead of time. Whether you’re weathering the extreme cold or preparing for winter storms and ice in Cleveland, Columbus, or …

Winter Energy Use: Questions and Answers

Residential

We all know energy is required to heat our homes, and during extreme weather, that need increases. But there are many questions about the impacts of seasonality on energy usage to be asked. We have answers. Q:          Does my energy usage go up in the winter? A:           Despite the fact it takes energy to stay …