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Here's how the plan works: The monthly payment on the AMP Plan is based on the average of the current month's bill, plus the previous 11 months. Each month, the oldest bill is dropped and the new current bill is included in the average. As a result, the payment amount fluctuates slightly from month to month.
Today SWEPCO is one of AEP's seven regional electric utilities.
All SWEPCO residential customers can get their late fees waived and take advantage of an extended payment plan that gives them up to 12 months to pay their bill in full. In some cases, deposits can also be waived. These are similar programs offered during the height of the COVID-19 pandemic.
COLUMBUS, Ohio, May 31, 2022 \u2013 Southwestern Electric Power Company (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), has announced plans to add three renewable energy projects totaling 999 megawatts (MW).
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