AES Ohio files Three-Year Rate Plan with the Public Utilities Commission of Ohio

November 10, 2025

AES Ohio, a subsidiary of The AES Corporation (NYSE: AES), filed its application for a Three-Year Rate Plan with the Public Utilities Commission of Ohio (PUCO) complying with Ohio’s new energy law and transitioning to a forward-looking approach, focusing on easy to understand billing, regular reviews and audits. AES Ohio pre-filed its Three-Year Rate Plan on October 10, 2025, in accordance with the PUCO schedule.

This application under the new energy law is different from past cases by establishing future rates for electric distribution service in 2027, 2028, and 2029. With annual PUCO reviews, this new filing provides customers with an understanding of our required investments while ensuring continued funding for grid modernization and critical customer support programs.

“As we developed our first three-year rate plan, AES Ohio committed to four guiding principles,” said Tom Raga, president of AES Ohio. “We are simplifying our billing by consolidating multiple rates into a single distribution charge making bills easier to understand. With targeted investments, we will strengthen our electric grid, which means reducing the frequency of outages and restoration times after severe storms. By setting amounts in advance, customers can plan their annual budgets with greater confidence. We will continue to support those in need by maintaining and expanding assistance programs for customers facing financial hardship.”

The average annual increase for a typical residential customer during the proposed plan will be approximately 3% or less, helping customers budget for their electric delivery cost and understand their bills more easily. The first proposed rate will not take effect until 2027.

AES Ohio has deployed smart technologies to operate more efficiently, invested responsibly in the grid and expanded assistance programs to support those who need help to pay their energy bills. We are proposing rate adjustments to support these necessary investments to build and maintain a stronger, smarter and more resilient electric grid to better withstand increasingly severe weather, reduce outage frequency and shorten restoration times.

The PUCO’s process includes a thorough review and audit of AES Ohio’s costs, stakeholder engagements, public hearings, and opportunities for customer comments. AES Ohio is committed to transparency throughout this process and encourages customers to engage and share their feedback.

For the latest information, visit AES Ohio Three-Year Rate Plan.

About AES Ohio
AES Ohio is a subsidiary of The AES Corporation and provides regulated electric utility service to more than 539,000 residential, commercial and industrial customers in a 6,000-square-mile service area in West Central Ohio. Our people operate and maintain more than 1,600 miles of transmission lines, 13,000 miles of overhead distribution lines, 4,500 miles of underground distribution lines and 160 substations feeding 490 distribution circuits. Learn more about how AES Ohio is accelerating the future of energy, visit aes-ohio.com. Connect with AES Ohio on X, Facebook and LinkedIn.