AEP

Protesters gather for AEP electric rate hike
AEP / Coal / Energy

Protesters gather for AEP electric rate hike

NBC4: Columbus, Ohio News, Weather, and Sports (WCMH-TV) COLUMBUS — “AEP of Ohio is asking the Public Utilities Commission of Ohio for $117 million for a Power Plant Agreement. In essence they own several aging coal-fired power plants that they said are not cost-competitive. Two mentioned are the Kyger Creek […]

Ohio Citizen Action attended the PUCO hearing in Columbus yesterday. From left to right: Sarah Flood, Sammi Tuckerman, Kate Aylward, --, Noah Yasi, Jamie Petroff, Jessica Smith-Szabo, Jessica Kramer, and ---. Kneeling: Amanda Wager, Becca Leslein, and --.
AEP / Coal / Energy

‘Bailout’ or safeguard? Income guarantee for AEP power plant debated

COLUMBUS — “After thousands of pages of testimony and hours of hearings, yesterday provided one more day to debate a hotly contested proposal by American Electric Power. …Although the case focuses on one site, Kyger Creek Plant in southeastern Ohio, the decision will affect several other companies that are seeking […]

AEP exec: PUCO testimony to focus on legality and public policy
AEP / Coal / Energy

AEP exec: PUCO testimony to focus on legality and public policy

COLUMBUS — “American Electric Power Company Inc. has spent a year trying to convince Ohio regulators to approve guaranteeing profits for its share of a coal-fired power plant. That apparently wasn’t enough for the Public Utilities Commission of Ohio, and AEP attorneys on Wednesday will get a rare (and short) […]

This chart from the redacted version of testimony submitted on behalf of the Sierra Club projects that customers would incur a cumulative loss (green line) for at least 10 years under Duke Energy’s proposed power purchase agreement plan.
AEP / Coal / Duke Energy / FirstEnergy

While seeking ‘bailout,’ Ohio utilities keep cost data secret

COLUMBUS — “As Ohio utilities seek to require the public to help pay for aging power plants, they are also fighting to keep data that could be used to evaluate those plans under wraps. FirstEnergy, Duke Energy and American Electric Power have asked the Public Utilities Commission of Ohio (PUCO) […]

AEP lobbies for Ohio to guarantee coal plant income
AEP / Coal

AEP lobbies for Ohio to guarantee coal plant income

COLUMBUS — “It’s a contentious battle between environmental proponents who want to see coal-fired generation shuttered, and utilities in the state who believe the generation is essential to affordably powering Ohio businesses. AEP is not alone in proposing these types of arrangements, and Ohio Citizen Action said on its website […]

The Sierra Club has launched a new ad campaign to fight what it thinks is a bailout for electric utilities like AEP.
AEP / Coal

Utility using form letters to get local governments to petition regulators on controversial power purchase plan

COLUMBUS — “American Electric Power Company Inc. is rounding up supporters to put pressure on state regulators deciding a case with major implications on Ohio’s deregulated energy market. The company (NYSE:AEP) is taking a page from some of its environmental foes known for using form letters in mass letter-writing campaigns. […]

The proposed bailout for Ohio’s coal plants: A bad idea any way you look at it
AEP / Coal / Duke Energy / Energy / FirstEnergy

The proposed bailout for Ohio’s coal plants: A bad idea any way you look at it

CAMBRIDGE, MA — “Ohio’s three biggest electricity providers are asking the state to approve a bailout plan that would force Ohioans to pay hundreds of millions of dollars in extra charges to keep some of the nation’s oldest, dirtiest, and least efficient power plants operating. If the proposals are approved, […]

AEP says its coal-fired power plants are at risk for closure unless they can guarantee some income.
AEP / Coal / Energy

Businesses call AEP’s price-guarantee request ‘unfair’ and ‘harmful to competitive markets’

COLUMBUS — “A group of 12 big Ohio electricity users says American Electric Power Company Inc.’s proposed coal-plant price guarantee is “unfair to shopping customers and harmful to competitive markets.” Lowe’s Home Improvement (NYSE: LOW), Staples Inc. (NASDAQ: SPLS) and Macy’s Inc. (NYSE:M) are among the companies who signed the […]

The Gen. James M. Gavin Power Plant in Cheshire, Ohio (Richard Martin)
AEP / Coal / Energy

For $20 million, a coal utility bought an Ohio town and a clear conscience

CHESHIRE — “The plants, though, are still there, consuming about 35,000 tons of coal every day. A gray mountain of coal ash looms above what’s left of the town. AEP, though, may not have entirely escaped liability for the environmental effects of the plants: In early September a new lawsuit […]

The Gavin Power Plant near Cheshire, Ohio. (Photo by Jeff Lovett via Creative Commons)
AEP / Coal / Energy

Ohio pollution complaint unrelated to coal ‘bailout’ plan

CHESHIRE — “American Electric Power (AEP) is on notice that it may be sued for alleged violations of the Clean Air Act by its Gavin Power Plant in Cheshire, Ohio. Last week, the Sierra Club sent a 60-day notice of intent to sue, which claims that excess emissions of sulfur dioxide created a ‘public nuisance‘ in […]