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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (10655)2/23/2012 12:18:49 PM
From: Bocor  Read Replies (1) of 34328
 
AEP closing in on a 5% yield.
COLUMBUS, Ohio — Ohio's public utility regulators on Thursday rejected electric rate increases criticized by schools and small businesses as burdensome at a time of a weak economy and continued budget cuts.

The decision by the Public Utilities Commission of Ohio on Thursday followed weeks of comments opposing the increases approved in December for customers of Columbus-based American Electric Power.

The commission ordered AEP to return its rates to levels similar to those in place in December when the commission first approved them. These rates will remain in place until a new rate plan is adopted.
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