AEP

AEP / Coal / Energy / FirstEnergy

Foes of utility profit guarantees brew up ad campaign

COLUMBUS — “An overpriced cup of coffee is being used to illustrate a complex utility-regulation issue in a new television ad by a group that opposes profit guarantees for American Electric Power and FirstEnergy. The ad serves as the launch of a campaign sponsored by the Alliance for Energy Choice, […]

AEP / Energy / FirstEnergy / Freeze on Clean Energy

Renewable energy charges to show up on AEP bills

COLUMBUS — “American Electric Power Company Inc. customers will soon see the costs of renewable energy and energy efficiency programs on their bills. An Ohio law that froze the state’s alternative energy standards included a requirement that power companies include the cost of such programs on customers’ bills. Ratepayers have […]

AEP and FirstEnergy say the guarantees are needed to maintain a reliable power grid.
AEP / Energy / FirstEnergy

Power-grid operator concerned about profit guarantees for plants

COLUMBUS — “The operator of Ohio’s electricity grid has some big concerns about profit-guarantee proposals for American Electric Power and FirstEnergy, but is treading carefully in its comments. PJM Interconnection filed a brief on the AEP proposal on Monday, urging Ohio utility regulators to be aware of that subsidizing one […]

Ohio voters against FirstEnergy, AEP power deals, worry about utility bills
AEP / Energy / FirstEnergy

Ohio voters against FirstEnergy, AEP power deals, worry about utility bills

COLUMBUS — “Huge majorities of Ohio voters are adamantly opposed to paying higher monthly electric bills bankrolling FirstEnergy and American Electric Power power plants, newly released polling shows. …Ohio AARP and the newly formed Alliance for Energy Choice jointly issued findings from separate polls Friday revealing the depth of consumer concerns […]

Federal challenges could sink Ohio utilities’ income guarantee plans
AEP / Coal / Energy / FirstEnergy

Federal challenges could sink Ohio utilities’ income guarantee plans

WASHINGTON, DC — “New court cases and filings with the Federal Energy Regulatory Commission could derail FirstEnergy and American Electric Power’s plans to guarantee sales to affiliated power plants, even if Ohio regulators approve the deals. On January 27, the Office of the Ohio Consumers’ Counsel joined with competing electric […]

FirstEnergy & AEP power deals violate FERC rules, say competitors, Consumers’ Counsel agrees
AEP / Coal / Energy / FirstEnergy

FirstEnergy & AEP power deals violate FERC rules, say competitors, Consumers’ Counsel agrees

COLUMBUS — “The Consumers’ Counsel complaint also argued that if the FERC reviews the deals as the independents are asking it to do, the federal commission would find the cozy in-house agreements do not meet the competitive standards the commission established in previous cases. And the Consumers’ Counsel included a […]

FirstEnergy proposed deal means regulation not working, state power companies in “death spiral,” says consumer watchdog board
AEP / Energy / FirstEnergy

FirstEnergy proposed deal means regulation not working, state power companies in “death spiral,” says consumer watchdog board

COLUMBUS — “The unprecedented efforts initiated by FirstEnergy and followed by American Electric Power to have customers temporarily subsidize power plants that they say can’t compete have led to calls for reform. The governing board of the Ohio Consumers’ Counsel has released its analysis of the malaise gripping Ohio policy […]

AEP's Gavin Plant in Ohio: Ratepayer advocates are calling on the state legislature to convene a task force looking into high electric rates across the state.
AEP / Energy / FirstEnergy

Ratepayer advocates say ‘everyone is unhappy’ with Ohio electric market

‘Something is really off here’ COLUMBUS — “’Everyone is unhappy’ with the state of the electric industry in Ohio, according to a report issued Tuesday night by the state agency charged with protecting the interests of Ohio electric consumers. Noting that a majority of states have lower electric rates, the […]

Power company CEOs lobby legislators to fight AEP and FirstEnergy income guarantees
AEP / Coal / Energy / FirstEnergy

Power company CEOs lobby legislators to fight AEP and FirstEnergy income guarantees

COLUMBUS — “Ohio regulators are expected to rule on the plans in the coming months, which AEP and FirstEnergy say would ensure power reliability and their continued ownership of the power plants at issue. Kasich, who is enjoying an increase in New Hampshire’s presidential polls, said recently that Ohioans deserve […]

EDP Renewables operates the Timber Road wind farm in Paulding County, Ohio.
AEP / Energy

900 megawatts of wind and solar power could be coming to Ohio – but no one knows how much it will cost ratepayers

COLUMBUS — “American Electric Power Company Inc. wants to build 900 megawatts of wind and solar electric generation projects in Ohio by 2020, but the plan’s cost to customers is unknown. The concession by AEP to build the alternative energy projects is a big reason why erstwhile foe Sierra Club, […]