Headquarters
303 Marconi Blvd
Suite 400
Columbus, OH 43215
About AEP Energy
AEP Energy is a certified retailed energy supplier based in Columbus, Ohio and Chicago, Illinois. The company operates in six states that include 27 service areas and Washington D.C. The company supplies electricity and natural gas to over 460,000 residential and business customers. AEP Energy was incepted in 2002 and a subsidiary of AEP. AEP is listed in Fortune 500 coming in at 185.
Residential Energy Rates
AEP Energy offers residential customers electricity and natural gas choices as an alternative to the local utility company. A customer switching to AEP Energy can pay a lower supply rate than what can be offered by the utility company. This gives the customer more power over their electric bill. The company also offers renewable rate plans with the same quality of service so you can feel good about going green.
Commercial Energy Rates
AEP Energy offers a variety of rate products to both small and large commercial users. Both small and large businesses can benefit from these rate products as an alternative to the utility’s default rate. The rate products offered by the company include a Firm Price Plan, True Cost Price Plan, and a Blended Rate Price Plan. These plans give you more options to manage energy costs than the utility’s default rate. Choosing the correct plan for your business can significantly reduce energy costs.
Firm Price Plan
- Locks in all components of the supply charges, including energy, capacity, transmission, ancillary services, line losses, and RPS
- Perfect for price stability and financial forecasting
- Remains fixed for the duration of the contract
True Cost Price Plan
- Allows capacity charges to be set by the market that varies each year
- Best suited for companies with high load factors with the ability to reduce load during peak demands
Blended Rate Price Plan
- Allows a business to be exposed to the market based on their level of risk tolerance
AEP Energy provides Natural Gas
AEP Energy offers natural gas only to small commercial customers in Ohio. The product plan for this commodity is the Firm Price Plan. Locking in a gas rate will move the customer away from the variable gas rate offered by the local utility companies. This will protect the business during the winter when the risk of market spikes tends to be at its highest. Single billing is offered with the Firm Price Plan so a company will not have to worry about receiving two separate bills.