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Building a Brighter Texas: AEP subsidiaries Texas Central Co. (TCC) and Texas North Co. (TNC), which make up its AEP Texas operating unit, filed requests on Nov. 9 with the Public Utility Commission of Texas (PUCT) to increase the transmission and distribution rates charged to retail electric providers (REPs). The rate requests include the amounts that the REPs are charged for the delivery of electricity over TCC’s and TNC’s transmission and distribution lines. TCC is seeking approval of a $82.7 million increase, which includes the expiration of $20 million in billing credits that have been in place since 2000. TNC is seeking approval of a $25 million increase, which includes the expiration of $6.2 million in billing credits that have been in place since 2000. If the requests are approved by the PUCT, and assuming the REPs pass the full amount on to their customers, the increase for a residential customer using 1,000 kilowatt-hours a month of electricity in the TCC service area would be around $4.17 a month, or less than a 3 percent increase on that customer’s total bill. The increase for a customer in the TNC service territory would be about $1.24 a month, or less than a 1 percent increase on the customer’s total bill. For news releases, summaries, graphics, and petition and statement of intent filed with the PUCT, see:
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